PHOTRONICS INC — Director's Dealing 2010

Jan 5, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2009-12-31

Reporting Person: Progler Christopher J (VP,Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-31	Common Stock	X	12500	$.76	Acquired	52800	Direct
2009-12-31	Common Stock	S	4100	$4.45	Disposed	48700	Direct
2009-12-31	Common Stock	S	400	$4.455	Disposed	48300	Direct
2009-12-31	Common Stock	S	400	$4.4575	Disposed	47900	Direct
2009-12-31	Common Stock	S	1962	$4.46	Disposed	45938	Direct
2009-12-31	Common Stock	S	1938	$4.4626	Disposed	44000	Direct
2009-12-31	Common Stock	S	200	$4.465	Disposed	43800	Direct
2009-12-31	Common Stock	S	3000	$4.47	Disposed	40800	Direct
2009-12-31	Common Stock	S	200	$4.4725	Disposed	40600	Direct
2009-12-31	Common Stock	S	300	$4.475	Disposed	40300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-12-31	Stock Options (Right to Buy)	$.76	X	12500	Disposed	2018-11-10	Common Stock (12500)	Direct

Footnotes

F1: The stock options vest 25% over 4 years on the anniversary date of the grant.