PHOTRONICS INC - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2011-07-01

Reporting Person: Burr Richelle E (VP, General Counsel & Secy)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-01	Common Stock	X	1750	$0.76	Acquired	10750	Direct
2011-07-01	Common Stock	X	3187	$4.42	Acquired	13937	Direct
2011-07-01	Common Stock	S	4937	$8.56	Disposed	9000	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-01	Stock Options (Right to Buy)	$0.76	X	1750	Disposed	2018-11-10	Common Stock (1750)	Direct
2011-07-01	Stock Options (Right to Buy)	$4.42	X	3187	Disposed	2019-12-21	Common Stock (3187)	Direct

F1: Certain proceeds of sale to fund children's education.

F2: The options become exercisable in four equal installments commencing November 10, 2009.

F3: The options become exercisable in four equal annual installments commencing December 21, 2010.