Kathleen Mcnally - Jul 17, 2023 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
Sr. VP Global Supply Chain
Signature
/s/ Robert J. Ben, attorney-in-fact for Kathleen McNally
Stock symbol
RELL
Transactions as of
Jul 17, 2023
Transactions value $
$0
Form type
4
Date filed
7/19/2023, 08:58 PM
Previous filing
Aug 1, 2022
Next filing
Jul 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Award $0 +5K +14.86% $0.00 38.6K Jul 17, 2023 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 +7.5K $0.00 7.5K Jul 17, 2023 Common Stock 7.5K $15.51 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 07/17/2023 pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated 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