Robert J. Ben - Jul 19, 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 19, 2022
Transactions value $
-$9,750
Form type
4
Date filed
7/21/2022, 05:08 PM
Previous filing
Jul 20, 2022
Next filing
Jul 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Tax liability -$9.75K -600 -1.2% $16.25 49.6K Jul 19, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered to Issuer in connection with the vesting of a previously reported grant of restricted shares to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to closing price on the NASDAQ Global Select Market on July 19, 2022 of $16.25 and does not represent a sale of the reporting person.