Robert J. Ben - Jul 18, 2023 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 18, 2023
Transactions value $
-$31,972
Form type
4
Date filed
8/7/2023, 04:13 PM
Previous filing
Jul 19, 2023
Next filing
Jul 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Tax liability -$16.2K -1.02K -2.05% $15.98 48.5K Jul 18, 2023 Direct F1
transaction RELL Common Stock Tax liability -$15.8K -1.01K -2.09% $15.55 47.5K Jul 19, 2023 Direct F2
* 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 18, 2023 of $15.98 and does not represent a sale of the reporting person.
F2 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, 2023 of $15.55 and does not represent a sale of the reporting person.