PHOTRONICS INC - Director's Dealing 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2014-04-22

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-22	Common Stock	A	2250	$0.76	Acquired	29342	Direct
2014-04-22	Common Stock	S	2250	$8.36	Disposed	27092	Direct
2014-04-23	Common Stock	A	2000	$0.76	Acquired	29092	Direct
2014-04-23	Common Stock	S	2000	$8.60	Disposed	27092	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-22	Stock Options (Right to Buy)	$0.76	X	2250	Disposed	2018-11-10	Common Stock (2250)	Direct
2014-04-23	Stock Options (Right to Buy)	$0.76	X	2000	Disposed	2018-11-10	Common Stock (2000)	Direct

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

F2: Net proceeds to fund child's education.

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