Jacques Belin - 03 Aug 2022 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
Director
Signature
/s/ Robert J. Ben, attorney-in-fact for Jacques Belin
Issuer symbol
RELL
Transactions as of
03 Aug 2022
Net transactions value
-$55,200
Form type
4
Filing time
05 Aug 2022, 13:53:06 UTC
Previous filing
20 Jul 2022
Next filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $111,400 +10,000 $11.14 10,000 03 Aug 2022 Direct
transaction RELL Common Stock Sale $166,600 -10,000 -100% $16.66 0 03 Aug 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) Options Exercise $0 -10,000 -100% $0.000000* 0 03 Aug 2022 Common Stock 10,000 $11.14 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is the weighted average price of multiple trades at prices ranging from $16.55 to $16.73 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the issuer, full information regarding the number of shares sold at each price within the reported range.
F2 Options vest 20% per year, beginning 10/08/2014