Wendy Diddell - 27 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
27 Dec 2021
Net transactions value
-$100,260
Form type
4
Filing time
28 Dec 2021, 11:40:23 UTC
Previous filing
27 Dec 2021
Next filing
10 Jan 2022
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 $49,262 +4,981 +5.6% $9.89 94,419 27 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $28,949 +4,841 +5.1% $5.98 99,260 27 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $32,071 +4,648 +4.7% $6.90 103,908 27 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $12,869 +2,294 +2.2% $5.61 106,202 27 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $6,603 +1,550 +1.5% $4.26 107,752 27 Dec 2021 Direct F1
transaction RELL Common Stock Sale $230,015 -18,314 -17% $12.56 89,438 27 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 -4,981 -100% $0.000000* 0 27 Dec 2021 Common Stock 4,981 $9.89 Direct F1, F3
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -4,841 -100% $0.000000* 0 27 Dec 2021 Common Stock 4,841 $5.98 Direct F1, F4
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -4,648 -100% $0.000000* 0 27 Dec 2021 Common Stock 4,648 $6.90 Direct F1, F5
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -2,294 -16% $0.000000 12,000 27 Dec 2021 Common Stock 2,294 $5.61 Direct F1, F6
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1,550 -8.8% $0.000000 16,000 27 Dec 2021 Common Stock 1,550 $4.26 Direct F1, F7
* 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 $12.63, 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 07/22/2020
F7 Options vest 20% per year, beginning 07/21/2021