PHOTRONICS INC — Director's Dealing 2017

Dec 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2017-12-04

Reporting Person: SMITH SEAN T (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-04	COMMON STOCK	M	12500	$6.71	Acquired	152858	Direct
2017-12-04	COMMON STOCK	S	12500	$9.43	Disposed	140358	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-04	STOCK OPTIONS (RIGHT TO BUY)	$6.71	M	12500	Disposed	2020-12-10	COMMON STOCK (12500)	Direct

Footnotes

F1: The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Smith.

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 vested 25% over 4 years on the anniversary date of the grant.