PHOTRONICS INC — Director's Dealing 2019

Dec 31, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2019-12-27

Reporting Person: KIRLIN PETER S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-27	Common Stock	M	33000	$5.46	Acquired	304053	Direct
2019-12-27	Common Stock	S	18107	$15.92	Disposed	285946	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-27	Stock Options (Right to Buy)	$5.46	M	33000	Acquired	2022-12-07	Common Stock (33000)	Direct

Footnotes

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

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

F3: 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.