PHOTRONICS INC — Director's Dealing 2011

Jan 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2011-01-06

Reporting Person: Progler Christopher J (VP,Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-06	Common Stock	X	2500	$.76	Acquired	51550	Direct
2011-01-06	Common Stock	S	2500	$5.66	Disposed	49050	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-06	Stock Options (Right to Buy)	$.76	X	2500	Disposed	2018-11-10	Common Stock (2500)	Direct

Footnotes

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