Robert J. Ben - Jan 11, 2022 Form 4 Insider Report for RICHARDSON ELECTRONICS LTD/DE (RELL)

Role
CFO, CAO, Corporate Secretary
Signature
/s/ Robert J. Ben
Stock symbol
RELL
Transactions as of
Jan 11, 2022
Transactions value $
-$46,795
Form type
4
Date filed
1/12/2022, 12:04 PM
Previous filing
Nov 3, 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 $13.8K +2K +4.69% $6.90 44.7K Jan 11, 2022 Direct
transaction RELL Common Stock Options Exercise $8.42K +1.5K +3.36% $5.61 46.2K Jan 11, 2022 Direct
transaction RELL Common Stock Options Exercise $6.39K +1.5K +3.25% $4.26 47.7K Jan 11, 2022 Direct
transaction RELL Common Stock Sale -$75.4K -5K -10.49% $15.08 42.7K Jan 11, 2022 Direct

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 -2K -100% $0.00* 0 Jan 11, 2022 Common Stock 2K $6.90 Direct F1
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1.5K -25% $0.00 4.5K Jan 11, 2022 Common Stock 1.5K $5.61 Direct F2
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1.5K -20% $0.00 6K Jan 11, 2022 Common Stock 1.5K $4.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest 20% per year, beginning 10/03/2017
F2 Options vest 20% per year, beginning 07/22/2020
F3 Options vest 20% per year, beginning 07/21/2021