KATHLEEN MCNALLY - 21 Jul 2022 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Signature
/s/ Robert J. Ben, attorney-in-fact for Kathleen McNally
Issuer symbol
RELL
Transactions as of
21 Jul 2022
Net transactions value
-$14,026
Form type
4
Filing time
25 Jul 2022, 13:49:51 UTC
Previous filing
20 Jul 2022
Next filing
01 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Tax liability $7,010 -460 -1.3% $15.24 34,097 21 Jul 2022 Direct F1
transaction RELL Common Stock Tax liability $7,016 -450 -1.3% $15.59 33,647 22 Jul 2022 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 21, 2022 of $15.24 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 22, 2022 of $15.59 and does not represent a sale of the reporting person.