PHOTRONICS INC — Director's Dealing 2014

Dec 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2014-12-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-16	Common Stock	A	20000	$4.42	Acquired	47592	Direct
2014-12-16	Common Stock	S	20000	$8.11	Disposed	27592	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-16	Stock Options (Right to Buy)	$4.42	X	20000	Disposed	2009-12-21	Common Stock (20000)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by Ms. Burr.

F2: Net proceeds of sale to offset a tax liability from restricted stock vesting and to fund children's education.

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