SEC Form 4 · accession 0001140361-18-002973
PHOTRONICS INC · PLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Constantine S Macricostas
Director
Period of report
Jan 22, 2018
Accepted (ET)
Jan 23, 2018 · 6:53 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 StockF1,F2 | Jul 27, 2017 | J | 2,807 | $7.57 | A | 473,575 | D | |
| Common StockF3 | Jan 22, 2018 | A | 19,000 | $0.00 | A | 492,575 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 2,807 shares of Photronics, Inc. common stock purchased under the Company's Employee Stock Purchase Plan.
- F2The purchase price of the shares pursuant to the Employee Stock Purchase Plan is 85% of the fair market value (the "Closing Price") of the common stock of the Company on the purchase date of the applicable purchase period as defined in the offering plan documents.
- F325% of the restricted stock awards granted will vest quarterly over one year.