SEC Form 4 · accession 0001209191-19-011479
RICHARDSON ELECTRONICS, LTD. · RELL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Ben
Officer — CFO, CAO, Corporate Secretary
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 3:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000355948
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 19, 2019 | M | 2,407 | $5.49 | A | 22,369 | D | |
| Common Stock | Feb 19, 2019 | S | 2,407 | $7.25 | D | 19,962 | D | |
| Common Stock | Feb 19, 2019 | M | 200 | $5.49 | A | 20,162 | D | |
| Common Stock | Feb 19, 2019 | S | 200 | $7.26 | D | 19,962 | D | |
| Common Stock | Feb 19, 2019 | M | 393 | $5.49 | A | 20,355 | D | |
| Common Stock | Feb 19, 2019 | S | 393 | $7.27 | D | 19,962 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $5.49 | Feb 19, 2019 | M | 2,407 | D | — | Aug 17, 2025 | Common Stock | 2,407 | 6,593 | D |
| Employee Stock Option (Right to Buy)F1 | $5.49 | Feb 19, 2019 | M | 200 | D | — | Aug 17, 2025 | Common Stock | 200 | 6,393 | D |
| Employee Stock Option (Right to Buy)F1 | $5.49 | Feb 19, 2019 | M | 393 | D | — | Aug 17, 2025 | Common Stock | 393 | 6,000 | D |
Explanation of responses
- F1Option vests 20% per year, beginning 8/17/2016