PHOTRONICS INC — Director's Dealing 2013

Dec 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2013-12-13

Reporting Person: KIRLIN PETER S (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-13	Common Stock	A	7500	—	Acquired	38500	Direct
2013-12-13	Common Stock	A	12500	$0.76	Acquired	51000	Direct
2013-12-13	Common Stock	S	12500	$8.8771	Disposed	38500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-13	Stock Options (Right to Buy)	$8.86	A	45000	Acquired	2023-12-13	Common Stock (45000)	Direct
2013-12-13	Stock Options (Right to Buy)	$0.76	X	12500	Disposed	2018-11-10	Common Stock (12500)	Direct

Footnotes

F1: Certain proceeds of sale for children's college fund contribution.

F2: This transaction was executed in multiple trades. The price reported above reflects the weighted average sale price. The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and the prices at which the transaction was effected.

F3: The stock options vest 25% over 4 years on the anniversary date of the grant.