PHOTRONICS INC — Director's Dealing 2010

Apr 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2010-04-21

Reporting Person: MACRICOSTAS CONSTANTINE S (Director, CEO & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-21	Common Stock	S	1700	$5.60	Disposed	1580603	Indirect
2010-04-21	Common Stock	S	829	$5.61	Disposed	1579774	Indirect
2010-04-21	Common Stock	S	800	$5.62	Disposed	1578974	Indirect
2010-04-21	Common Stock	S	72	$5.63	Disposed	1578902	Indirect
2010-04-21	Common Stock	S	578	$5.64	Disposed	1578324	Indirect
2010-04-21	Common Stock	S	100	$5.65	Disposed	1578224	Indirect
2010-04-21	Common Stock	S	150	$5.66	Disposed	1578074	Indirect
2010-04-22	Common Stock	S	4625	$5.60	Disposed	1573449	Indirect
2010-04-22	Common Stock	S	175	$5.605	Disposed	1573274	Indirect
2010-04-22	Common Stock	S	7900	$5.61	Disposed	1565374	Indirect
2010-04-22	Common Stock	S	400	$5.615	Disposed	1564974	Indirect
2010-04-22	Common Stock	S	3000	$5.62	Disposed	1561974	Indirect
2010-04-22	Common Stock	S	500	$5.625	Disposed	1561474	Indirect
2010-04-22	Common Stock	S	2200	$5.63	Disposed	1559274	Indirect
2010-04-22	Common Stock	S	6300	$5.64	Disposed	1552974	Indirect
2010-04-22	Common Stock	S	300	$5.645	Disposed	1552674	Indirect
2010-04-22	Common Stock	S	4200	$5.65	Disposed	1548474	Indirect
2010-04-22	Common Stock	S	500	$6.655	Disposed	1547974	Indirect
2010-04-22	Common Stock	S	1300	$5.66	Disposed	1546674	Indirect
2010-04-22	Common Stock	S	1400	$5.67	Disposed	1545274	Indirect
2010-04-22	Common Stock	S	300	$5.70	Disposed	1544974	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	153746	Direct
Common Stock	50618	Indirect
Common Stock	34000	Indirect

Footnotes

F1: Represents all of the shares held by a limited partnership of which Mr. Macricostas owns limited partnership interests. Mr. Macricostas disclaims beneficial ownership of those shares not represented by his limited partnership interests.

F2: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on July 17, 2009.

F3: Represents all of the shares held by a corporation of which Mr. Macricostas owns a signficant interest. Mr. Macricostas disclaims beneficial ownership of those shares not represented by his ownership interest. This corporation serves as the general partner of the limited partnership referred to above.

F4: Mr. Macricostas disclaims beneficial ownership of these shares.