PHOTRONICS INC — Director's Dealing 2012

Feb 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2012-02-03

Reporting Person: Jeong Soo Hong (COO, President-Asia Operations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-03	Common Stock	M	24118	$.76	Acquired	182018	Direct
2012-02-03	Common Stock	S	24118	$7.50	Disposed	157900	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-03	Stock Options (Right to Buy)	$.76	M	24118	Disposed	2018-11-10	Common Stock (24118)	Direct

Footnotes

F1: The sales reported on this Form were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 12, 2011.

F2: The stock options vest 25% over 4 years on the anniversary date of the grant.