SEC Form 4 · accession 0001206774-15-003756

PHOTRONICS INC · PLAB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — VP, Chief Technology Officer

Period of report

Dec 9, 2015

Accepted (ET)

Dec 11, 2015 · 4:28 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
Common Stock^F1,F2	Dec 10, 2015	S	11,415	$12.70	D	54,300	D
Common Stock	Dec 10, 2015	M	3,550	$5.46	A	65,715	D
Common Stock	Dec 10, 2015	M	4,315	$6.71	A	62,165	D
Common Stock	Dec 10, 2015	M	3,550	$4.42	A	57,850	D
Common Stock^F1,F2	Dec 9, 2015	S	2,700	$12.50	D	54,300	D
Common Stock	Dec 9, 2015	M	2,700	$4.42	A	57,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Stock Options (Right to Buy)^F3	$5.46	Dec 10, 2015	M	3,550	D	—	Dec 7, 2022	Common Stock	3,550	D
Stock Options (Right to Buy)^F3	$6.71	Dec 10, 2015	M	4,315	D	—	Dec 10, 2020	Common Stock	4,315	D
Stock Options (Right to Buy)^F3	$4.42	Dec 10, 2015	M	3,550	D	—	Dec 21, 2019	Common Stock	3,550	D
Stock Options (Right to Buy)^F3	$4.42	Dec 9, 2015	M	2,700	D	—	Dec 21, 2019	Common Stock	2,700	D

F1Net proceeds of sale to offset a tax liability from restricted stock vesting and to fund children's education.
F2This transaction was executed in multiple trades. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and the prices at which the transaction was effected.
F3The stock options vest 25% over 4 years on the anniversary date of the grant.