Gregory J. Peloquin - Jul 22, 2024 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
EVP PMT
Signature
/s/ Robert J. Ben, attorney-in-fact for Gregory J. Peloquin
Stock symbol
RELL
Transactions as of
Jul 22, 2024
Transactions value $
$0
Form type
4
Date filed
7/24/2024, 04:03 PM
Previous filing
May 15, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RELL Employee Stock Option (Right to Buy) Award $0 +10K $0.00 10K Jul 22, 2024 Common Stock 10K $11.89 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option was granted on July 22, 2024 pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan. The option vests over 5 years with 1/5 of the total number of shares subject to the option vesting on each anniversary date of grant, until fully vested.