Jens F. Ruppert - Oct 19, 2021 Form 4 Insider Report for RICHARDSON ELECTRONICS LTD/DE (RELL)

Role
EVP Canvys
Signature
/s/ Robert J. Ben, attorney-in-fact for Jens Ruppert
Stock symbol
RELL
Transactions as of
Oct 19, 2021
Transactions value $
-$65,613
Form type
4
Date filed
10/21/2021, 12:19 PM
Previous filing
Jul 21, 2021
Next filing
Jul 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $54.9K +10K +26.67% $5.49 47.5K Oct 19, 2021 Direct
transaction RELL Common Stock Sale -$121K -10K -21.05% $12.05 37.5K Oct 19, 2021 Direct F1

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) Options Exercise $0 -10K -100% $0.00* 0 Oct 19, 2021 Common Stock 10K $5.49 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $12.03 to $12.20 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Option vests 20% per year, beginning 8/17/2016