SEC Form 4 · accession 0001140361-17-045093
PHOTRONICS INC · PLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Progler
Officer — VP, Chief Technology Officer
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 7:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000810136
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 1, 2017 | M | 4,000 | $0.76 | A | 78,900 | D | |
| Common StockF1 | Dec 1, 2017 | S | 4,000 | $9.55 | D | 74,900 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $0.76 | Dec 1, 2017 | M | 4,000 | D | — | Nov 10, 2018 | Common Stock | 4,000 | 19,000 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Progler.
- F2The stock options vested 25% over 4 years on the anniversary date of the grant.