PHOTRONICS INC — Director's Dealing 2010

Apr 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2010-04-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-16	Common Stock	S	1494	$5.68	Disposed	1686006	Indirect
2010-04-16	Common Stock	S	980	$5.69	Disposed	1685026	Indirect
2010-04-16	Common Stock	S	1416	$5.70	Disposed	1683610	Indirect
2010-04-16	Common Stock	S	3400	$5.71	Disposed	1680210	Indirect
2010-04-16	Common Stock	S	1210	$5.72	Disposed	1679000	Indirect
2010-04-16	Common Stock	S	1800	$5.73	Disposed	1677200	Indirect
2010-04-16	Common Stock	S	2100	$5.74	Disposed	1675100	Indirect
2010-04-16	Common Stock	S	684	$5.75	Disposed	1674416	Indirect
2010-04-16	Common Stock	S	2600	$5.76	Disposed	1671816	Indirect
2010-04-16	Common Stock	S	116	$5.77	Disposed	1671700	Indirect
2010-04-16	Common Stock	S	100	$5.78	Disposed	1671600	Indirect
2010-04-16	Common Stock	S	700	$5.79	Disposed	1670900	Indirect
2010-04-16	Common Stock	S	900	$5.80	Disposed	1670000	Indirect
2010-04-16	Common Stock	S	583	$5.82	Disposed	1669417	Indirect
2010-04-16	Common Stock	S	117	$5.81	Disposed	1669300	Indirect
2010-04-16	Common Stock	S	5200	$5.83	Disposed	1664100	Indirect
2010-04-16	Common Stock	S	600	$5.84	Disposed	1663500	Indirect
2010-04-16	Common Stock	S	600	$5.88	Disposed	1662900	Indirect
2010-04-16	Common Stock	S	300	$5.92	Disposed	1662600	Indirect
2010-04-16	Common Stock	S	400	$5.67	Disposed	1662200	Indirect
2010-04-16	Common Stock	S	1500	$5.65	Disposed	1660700	Indirect
2010-04-16	Common Stock	S	200	$5.64	Disposed	1660500	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.