PHOTRONICS INC — Director's Dealing 2022

May 20, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2022-05-18

Reporting Person: Burr Richelle E (EVP, CAO,General Counsel & Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-26	Common Stock	A	1593	$9.112	Acquired	141574	Direct
2022-05-18	Common Stock	A	15000	—	Acquired	156574	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. Closing Price on purchase date is $10.72 less 15% for a purchase price of $9.112.

F3: 25% of the Restricted Stock Awards granted will vest on each anniversary date of the grant over 4 years.