AI assistant
PHOTRONICS INC — Director's Dealing 2022
Jan 5, 2022
32000_dirs_2022-01-04_bb5fbfe0-fe5c-4cc6-92ec-6264e9e7395c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PHOTRONICS INC (PLAB)
CIK: 0000810136
Period of Report: 2021-12-31
Reporting Person: Progler Christopher J (EVP, Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-31 | Common Stock | M | 9000 | $8.86 | Acquired | 138818 | Direct |
| 2021-12-31 | Common Stock | S | 9000 | $19 | Disposed | 129818 | Direct |
| 2022-01-03 | Common Stock | F | 3148 | $18.85 | Disposed | 126670 | Direct |
| 2022-01-03 | Common Stock | F | 3444 | $19.28 | Disposed | 123226 | Direct |
| 2022-01-03 | Common Stock | F | 3633 | $18.85 | Disposed | 119593 | Direct |
| 2022-01-03 | Common Stock | A | 40000 | — | Acquired | 159593 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-31 | Stock Options (Right to Buy) | $8.86 | M | 9000 | Disposed | 2023-12-13 | Common Stock (9000) | Direct |
Footnotes
F1: The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Dr. Progler.
F2: Net proceeds of sale to fund children's education and offset a tax liability from Restricted Stock Vesting.
F3: Shares withheld to meet tax liabilities associated with Restricted Stock Awards granted on January 2, 2019.
F4: Shares withheld to meet tax liabilities associated with Restricted Stock Awards granted on January 3, 2020.
F5: Shares withheld to meet tax liabilities associated with Restricted Stock Awards granted on January 2, 2021.
F6: 25% of the Restricted Stock Awards granted will vest on each anniversary date of the grant over 4 years.