Robert J. Ben - 18 Jul 2023 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Signature
/s/ Robert J. Ben
Issuer symbol
RELL
Transactions as of
18 Jul 2023
Net transactions value
-$31,972
Form type
4
Filing time
07 Aug 2023, 16:13:38 UTC
Previous filing
19 Jul 2023
Next filing
22 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Tax liability $16,220 -1,015 -2% $15.98 48,547 18 Jul 2023 Direct F1
transaction RELL Common Stock Tax liability $15,752 -1,013 -2.1% $15.55 47,534 19 Jul 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.