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PHOTRONICS INC — Director's Dealing 2015
Dec 14, 2015
32000_dirs_2015-12-14_7548bf12-6463-4df9-a8b3-20bcd3a066fb.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2015-12-10
Reporting Person: Burr Richelle E (VP, General Counsel & Secy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-14 | Common Stock | S | 1233 | $12.50 | Disposed | 29359 | Direct |
| 2015-12-10 | Common Stock | S | 10163 | $12.84 | Disposed | 30592 | Direct |
| 2015-12-10 | Common Stock | M | 1750 | $0.76 | Acquired | 40755 | Direct |
| 2015-12-10 | Common Stock | M | 1813 | $4.42 | Acquired | 39005 | Direct |
| 2015-12-10 | Common Stock | M | 6600 | $5.46 | Acquired | 37192 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-10 | Stock Options (Right to Buy) | $0.76 | M | 1750 | Disposed | 2018-11-10 | Common Stock (1750) | Direct |
| 2015-12-10 | Stock Options (Right to Buy) | $4.42 | M | 1813 | Disposed | 2019-12-21 | Common Stock (1813) | Direct |
| 2015-12-10 | Stock Options (Right to Buy) | $5.46 | M | 6600 | Disposed | 2022-12-07 | Common Stock (6600) | Direct |
Footnotes
F1: Net proceeds of sale to offset a tax liability from restricted stock vesting, to fund children's education and to satisfy a divorce settlement obligation.
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.