PHOTRONICS INC — Director's Dealing 2020

Jan 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2020-01-06

Reporting Person: Progler Christopher J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-06	Common Stock	M	6592	$6.71	Acquired	140325	Direct
2020-01-06	Common Stock	S	6592	$14.95	Disposed	133733	Direct
2020-01-06	Common Stock	M	820	$6.32	Acquired	134553	Direct
2020-01-06	Common Stock	S	820	$14.95	Disposed	133733	Direct
2020-01-06	Common Stock	S	5000	$14.95	Disposed	128733	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-06	Stock Options (Right to Buy)	$6.71	M	6592	Disposed	2020-12-10	Common Stock (6592)	Direct
2020-01-06	Non-Qualified Stock Options (Right to buy)	$6.32	M	820	Disposed	2021-12-09	Common Stock (820)	Direct

Footnotes

F1: Net proceeds of sale to fund children's education and offset a tax liability from Restricted Stock Vesting.

F2: The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Progler.

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.