Wendy Diddell - 23 Dec 2021 Form 4 Insider Report for RICHARDSON ELECTRONICS LTD/DE (RELL)

Role
COO, Director
Signature
/S/ Wendy S. Diddell
Issuer symbol
RELL
Transactions as of
23 Dec 2021
Net transactions value
-$8,097
Form type
4
Filing time
27 Dec 2021, 15:00:59 UTC
Previous filing
10 Dec 2021
Next filing
28 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $4,945 +500 +0.56% $9.89 89,938 23 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $2,990 +500 +0.56% $5.98 90,438 23 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $3,450 +500 +0.55% $6.90 90,938 23 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $561 +100 +0.11% $5.61 91,038 23 Dec 2021 Direct F1
transaction RELL Common Stock Sale $20,043 -1,600 -1.8% $12.53 89,438 23 Dec 2021 Direct F1, F2

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 -500 -9.1% $0.000000 4,981 23 Dec 2021 Common Stock 500 $9.89 Direct F1, F3
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -500 -9.4% $0.000000 4,841 23 Dec 2021 Common Stock 500 $5.98 Direct F1, F4
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -500 -9.7% $0.000000 4,648 23 Dec 2021 Common Stock 500 $6.90 Direct F1, F5
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -100 -0.69% $0.000000 14,294 23 Dec 2021 Common Stock 100 $5.61 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"). Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
F2 The price reported is the weighted average price of multiple trades at prices ranging from $12.50 to $12.59, inclusive. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the issuer, full information regarding the number of shares sold at each price within the reported range.
F3 Options vest 20% per year, beginning 10/06/2015
F4 Options vest 20% per year, beginning 10/05/2016
F5 Options vest 20% per year, beginning 10/03/2017
F6 Options vest 20% per year, beginning 7/22/2020