Wendy Diddell - 18 Jul 2024 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Signature
/s/ Robert J. Ben, attorney-in-fact for Wendy Diddell
Issuer symbol
RELL
Transactions as of
18 Jul 2024
Net transactions value
-$62,451
Form type
4
Filing time
22 Jul 2024, 16:16:48 UTC
Previous filing
18 Jul 2024
Next filing
24 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Tax liability $31,681 -2,678 -2.7% $11.83 98,286 18 Jul 2024 Direct F1
transaction RELL Common Stock Tax liability $30,770 -2,671 -2.7% $11.52 95,615 19 Jul 2024 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, 2024 of $ 11.83 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, 2024 of $ 11.52 and does not represent a sale of the reporting person.