PHOTRONICS INC — Director's Dealing 2010

Feb 24, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2010-02-22

Reporting Person: KIRLIN PETER S (Senior VP, U.S. & Europe)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-22	Common Stock	X	7300	$.76	Acquired	7300	Direct
2010-02-22	Common Stock	X	1800	$.76	Acquired	9100	Direct
2010-02-22	Common Stock	X	1100	$.76	Acquired	10200	Direct
2010-02-22	Common Stock	X	700	$.76	Acquired	10900	Direct
2010-02-22	Common Stock	X	900	$.76	Acquired	11800	Direct
2010-02-22	Common Stock	X	100	$.76	Acquired	11900	Direct
2010-02-22	Common Stock	X	100	$.76	Acquired	12000	Direct
2010-02-22	Common Stock	X	500	$.76	Acquired	12500	Direct
2010-02-22	Common Stock	S	7300	$4.5501	Disposed	5200	Direct
2010-02-22	Common Stock	S	1800	$4.551	Disposed	3400	Direct
2010-02-22	Common Stock	S	1100	$4.56	Disposed	2300	Direct
2010-02-22	Common Stock	S	700	$4.57	Disposed	1600	Direct
2010-02-22	Common Stock	S	900	$4.58	Disposed	700	Direct
2010-02-22	Common Stock	S	100	$4.5805	Disposed	600	Direct
2010-02-22	Common Stock	S	100	$4.5809	Disposed	500	Direct
2010-02-22	Common Stock	S	500	$4.59	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-22	Stock Options (Right to Buy)	$.76	X	7300	Disposed	2018-11-10	Common Stock (7300)	Direct
2010-02-22	Stock Options (Right to Buy)	$.76	X	1800	Disposed	2018-11-10	Common Stock (1800)	Direct
2010-02-22	Stock Options (Right to Buy)	$.76	X	1100	Disposed	2018-11-10	Common Stock (1100)	Direct
2010-02-22	Stock Options (Right to Buy)	$.76	X	700	Disposed	2018-11-10	Common Stock (700)	Direct
2010-02-22	Stock Options (Right to Buy)	$.76	X	900	Disposed	2018-11-10	Common Stock (900)	Direct
2010-02-22	Stock Options (Right to Buy)	$.76	X	100	Disposed	2018-11-10	Common Stock (100)	Direct
2010-02-22	Stock Options (Right to Buy)	$.76	X	100	Disposed	2018-11-10	Common Stock (100)	Direct
2010-02-22	Stock Options (Right to Buy)	$.76	X	500	Disposed	2018-11-10	Common Stock (500)	Direct

Footnotes

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