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

Role
CFO, CAO, Corporate Secretary
Signature
/s/ Robert J. Ben
Issuer symbol
RELL
Transactions as of
11 Jan 2022
Net transactions value
-$46,795
Form type
4
Filing time
12 Jan 2022, 12:04:55 UTC
Previous filing
03 Nov 2021
Next filing
20 Jul 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 $13,800 +2,000 +4.7% $6.90 44,662 11 Jan 2022 Direct
transaction RELL Common Stock Options Exercise $8,415 +1,500 +3.4% $5.61 46,162 11 Jan 2022 Direct
transaction RELL Common Stock Options Exercise $6,390 +1,500 +3.2% $4.26 47,662 11 Jan 2022 Direct
transaction RELL Common Stock Sale $75,400 -5,000 -10% $15.08 42,662 11 Jan 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 -2,000 -100% $0.000000* 0 11 Jan 2022 Common Stock 2,000 $6.90 Direct F1
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1,500 -25% $0.000000 4,500 11 Jan 2022 Common Stock 1,500 $5.61 Direct F2
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1,500 -20% $0.000000 6,000 11 Jan 2022 Common Stock 1,500 $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