Robert J. Ben - 04 Feb 2025 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
CFO, CAO, Corporate Secretary
Signature
/s/ Robert J. Ben
Issuer symbol
RELL
Transactions as of
04 Feb 2025
Net transactions value
-$19,492
Form type
4
Filing time
06 Feb 2025, 12:49:44 UTC
Previous filing
24 Jul 2024
Next filing
21 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $5,610 +1,000 +1.8% $5.61 55,534 04 Feb 2025 Direct
transaction RELL Common Stock Options Exercise $4,260 +1,000 +1.8% $4.26 56,534 04 Feb 2025 Direct
transaction RELL Common Stock Options Exercise $3,830 +500 +0.88% $7.66 57,034 04 Feb 2025 Direct
transaction RELL Common Stock Sale $33,192 -2,500 -4.4% $13.28 54,534 04 Feb 2025 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 -1,000 -33% $0.000000 2,000 04 Feb 2025 Common Stock 1,000 $5.61 Direct F2
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1,000 -22% $0.000000 3,500 04 Feb 2025 Common Stock 1,000 $4.26 Direct F3
transaction RELL Employe Stock Option (Right to Buy) Options Exercise $0 -500 -8.3% $0.000000 5,500 04 Feb 2025 Common Stock 500 $7.66 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $13.25 to $13.30 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Options vest 20% per year, beginning 7/22/2020
F3 Options vest 20% per year, beginning 7/21/2021
F4 Options vest 20% per year, beginning 7/19/2022