PHOTRONICS INC — Director's Dealing 2011

Dec 13, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2011-12-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-09	Common Stock	A	56250	—	Acquired	1543556	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-09	Stock Options (Right to Buy)	$6.32	A	112500	Acquired	2021-12-09	Common Stock (112500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	34568	Indirect

Footnotes

F1: Mr. Macricostas disclaims beneficial ownership of these shares.

F2: The options become exercisable in four equal annual installments commencing December 9, 2012.