Wendy Diddell - 08 Dec 2021 Form 4 Insider Report for RICHARDSON ELECTRONICS LTD/DE (RELL)

Role
COO, Director
Signature
/s/ Wendy S. Diddell
Issuer symbol
RELL
Transactions as of
08 Dec 2021
Net transactions value
-$351,937
Form type
4
Filing time
10 Dec 2021, 15:21:00 UTC
Previous filing
21 Jul 2021
Next filing
27 Dec 2021
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 $193,043 +19,519 +22% $9.89 108,957 08 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $117,561 +19,659 +18% $5.98 128,616 08 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $136,979 +19,852 +15% $6.90 148,468 08 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $31,450 +5,606 +3.8% $5.61 154,074 08 Dec 2021 Direct F1
transaction RELL Common Stock Options Exercise $10,437 +2,450 +1.6% $4.26 156,524 08 Dec 2021 Direct F1
transaction RELL Common Stock Sale $841,406 -67,086 -43% $12.54 89,438 08 Dec 2021 Direct F1, F2

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 -19,519 -78% $0.000000 5,481 08 Dec 2021 Common Stock 19,519 $9.89 Direct F1, F3
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -19,659 -79% $0.000000 5,341 08 Dec 2021 Common Stock 19,659 $5.98 Direct F1, F4
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -19,852 -79% $0.000000 5,148 08 Dec 2021 Common Stock 19,852 $6.90 Direct F1, F5
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -5,606 -28% $0.000000 14,394 08 Dec 2021 Common Stock 5,606 $5.61 Direct F1, F6
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -2,450 -12% $0.000000 17,550 08 Dec 2021 Common Stock 2,450 $4.26 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"). Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
F2 The price reported is the weighted average price of multiple trades at prices ranging from $12.50 to $12.68, inclusive. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price within the reported range.
F3 Options vest 20% per year, beginning 10/06/2015
F4 Options vest 20% per year, beginning 10/05/2016
F5 Options vest 20% per year, beginning 10/03/2017
F6 Options vest 20% per year, beginning 07/22/2020
F7 Options vest 20% per year, beginning 07/21/2021