Gregory J. Peloquin - 22 Jul 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
Issuer symbol
RELL
Transactions as of
22 Jul 2024
Net transactions value
$0
Form type
4
Filing time
24 Jul 2024, 16:03:59 UTC
Previous filing
15 May 2024
Next filing
23 Jul 2025

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 +10,000 $0.000000 10,000 22 Jul 2024 Common Stock 10,000 $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.