SEC Form 4 · accession 0001206774-15-001952
PHOTRONICS INC · PLAB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richelle E Burr
Officer — VP, General Counsel & Secy
Period of report
Jun 8, 2015
Accepted (ET)
Jun 10, 2015 · 4:48 pm EDT
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 | Jun 8, 2015 | M | 10,000 | $4.42 | A | 41,759 | D | |
| Common StockF1,F3 | Jun 8, 2015 | S | 10,000 | $10.223 | D | 31,759 | 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 | $4.42 | Jun 8, 2015 | M | 10,000 | D | — | Dec 21, 2009 | Common Stock | 10,000 | 1,813 | D |
Explanation of responses
- F1Net proceeds of sale to offset a tax liability and to fund children's education.
- F2The stock options vest 25% over 4 years on the anniversary date of the grant.
- F3Corrects computation error of Form 4 filed 12/23/2014