Robert J. Ben - Jul 18, 2022 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
CFO, CAO, Corporate Secretary
Signature
/s/ Robert J. Ben
Stock symbol
RELL
Transactions as of
Jul 18, 2022
Transactions value $
$0
Form type
4
Date filed
7/20/2022, 06:18 PM
Previous filing
Jan 12, 2022
Next filing
Jul 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Award $0 +7.5K +17.58% $0.00 50.2K Jul 18, 2022 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) Award $0 +10K $0.00 10K Jul 18, 2022 Common Stock 10K $15.60 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, which shall vest ratably over a three year period, beginning on the first anniversary of the date of issuance
F2 The stock option was granted on 07/18/2022 pursuant to the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan. The option vests over 5 years with 1/5 of the total number of shares subject to the option vesting on each anniversary of the date of grant, until fully vested