Robert J. Ben - 26 Jul 2022 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
CFO, CAO, Corporate Secretary
Signature
/s/ Robert J. Ben
Issuer symbol
RELL
Transactions as of
26 Jul 2022
Net transactions value
-$46,335
Form type
4
Filing time
28 Jul 2022, 11:43:58 UTC
Previous filing
21 Jul 2022
Next filing
19 Jul 2023
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 $8,415 +1,500 +3% $5.61 51,062 26 Jul 2022 Direct
transaction RELL Common Stock Options Exercise $6,390 +1,500 +2.9% $4.26 52,562 26 Jul 2022 Direct
transaction RELL Common Stock Options Exercise $11,490 +1,500 +2.9% $7.66 54,062 26 Jul 2022 Direct
transaction RELL Common Stock Sale $72,630 -4,500 -8.3% $16.14 49,562 26 Jul 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 -1,500 -33% $0.000000 3,000 26 Jul 2022 Common Stock 1,500 $5.61 Direct F1
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1,500 -25% $0.000000 4,500 26 Jul 2022 Common Stock 1,500 $4.26 Direct F2
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1,500 -20% $0.000000 6,000 26 Jul 2022 Common Stock 1,500 $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