SEC Form 4 · accession 0001140361-18-003979
PHOTRONICS INC · PLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell G Tyson
Director
Period of report
Jan 26, 2018
Accepted (ET)
Jan 30, 2018 · 6:42 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 | Jan 26, 2018 | M | 1,040 | $0.76 | A | 80,419 | D | |
| Common StockF1 | Jan 26, 2018 | S | 1,040 | $8.50 | D | 79,379 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionsF2 | $0.76 | Jan 26, 2018 | M | 1,040 | A | — | Nov 10, 2018 | Common Stock | 1,040 | 9,360 | D |
Explanation of responses
- F1The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Tyson.
- F2The stock options vested 25% over 4 years on the anniversary date of the grant.