PHOTRONICS INC — Director's Dealing 2019

Sep 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2019-09-16

Reporting Person: JORDAN JOHN P (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-08	Common Stock	J	2618	$6.59	Acquired	76618	Direct
2019-09-16	Common Stock	S	2550	$10.99	Disposed	74068	Direct

Footnotes

F1: Represents shares of Photronics, Inc. common stock purchased under the Company's Employee Stock Purchase Plan.

F2: The purchase price of the shares pursuant to the Employee Stock Purchase Plan is 85% of the fair market value (the "Closing Price") of the common stock of the Company on the purchase date of the applicable purchase period as defined in the offering plan documents.

F3: The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Jordan.

F4: Net proceeds of sale to offset a tax liability from restricted stock vesting.