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: 2020-01-03

Reporting Person: KIRLIN PETER S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-03	Common Stock	A	85000	—	Acquired	370946	Direct
2020-01-06	Common Stock	S	23124	$14.95	Disposed	347822	Direct

Footnotes

F1: 25% of the restricted stock awards granted will vest on each anniversary date of the grant over 4 years.

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

F3: Net proceeds of sale to offset a tax liability from restricted stock vesting and to fund children's education.

F4: 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.