Robert J. Ben - Jul 26, 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 26, 2022
Transactions value $
-$46,335
Form type
4
Date filed
7/28/2022, 11:43 AM
Previous filing
Jul 21, 2022
Next filing
Jul 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $8.42K +1.5K +3.03% $5.61 51.1K Jul 26, 2022 Direct
transaction RELL Common Stock Options Exercise $6.39K +1.5K +2.94% $4.26 52.6K Jul 26, 2022 Direct
transaction RELL Common Stock Options Exercise $11.5K +1.5K +2.85% $7.66 54.1K Jul 26, 2022 Direct
transaction RELL Common Stock Sale -$72.6K -4.5K -8.32% $16.14 49.6K Jul 26, 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 -1.5K -33.33% $0.00 3K Jul 26, 2022 Common Stock 1.5K $5.61 Direct F1
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1.5K -25% $0.00 4.5K Jul 26, 2022 Common Stock 1.5K $4.26 Direct F2
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1.5K -20% $0.00 6K Jul 26, 2022 Common Stock 1.5K $7.66 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 07/22/2020
F2 Options vest 20% per year, beginning 07/21/2021
F3 Options vest 20% per year, beginning 07/19/2022