Peter S. Kirlin - May 21, 2021 Form 4 Insider Report for PHOTRONICS INC (PLAB)

Role
Chief Executive Officer
Signature
/s/Richelle E. Burr, attorney-in-fact for Peter S. Kirlin
Stock symbol
PLAB
Transactions as of
May 21, 2021
Transactions value $
-$238,411
Form type
4
Date filed
5/25/2021, 05:10 PM
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAB COMMON STOCK Options Exercise $27.9K +3.39K +0.85% $8.23 403K May 21, 2021 Direct
transaction PLAB COMMON STOCK Sale -$45.8K -3.39K -0.84% $13.52 400K May 21, 2021 Direct F1, F2, F3
transaction PLAB COMMON STOCK Options Exercise $47.2K +5.74K +1.44% $8.23 405K May 21, 2021 Direct
transaction PLAB COMMON STOCK Sale -$77.5K -5.74K -1.42% $13.51 400K May 21, 2021 Direct F1, F2, F3
transaction PLAB COMMON STOCK Options Exercise $65K +7.9K +1.98% $8.23 408K May 24, 2021 Direct
transaction PLAB COMMON STOCK Sale -$107K -7.9K -1.94% $13.53 400K May 24, 2021 Direct F1, F2, F3
transaction PLAB COMMON STOCK Options Exercise $230K +28K +7% $8.23 428K May 24, 2021 Direct
transaction PLAB COMMON STOCK Sale -$379K -28K -6.54% $13.53 400K May 24, 2021 Direct F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PLAB Stock Options (Right to Buy) Options Exercise $0 -3.39K -30.02% $0.00 7.9K May 21, 2021 COMMON STOCK 3.39K $8.23 Direct
transaction PLAB Non-Qualified Stock Options Options Exercise $0 -5.74K -17.02% $0.00 28K May 21, 2021 COMMON STOCK 5.74K $8.23 Direct
transaction PLAB Stock Options (Right to Buy) Options Exercise $0 -7.9K -100% $0.00* 0 May 24, 2021 COMMON STOCK 7.9K $8.23 Direct
transaction PLAB Non-Qualified Stock Options Options Exercise $0 -28K -100% $0.00* 0 May 24, 2021 COMMON STOCK 28K $8.23 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Dr. Kirlin.
F2 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.
F3 Net proceeds of sale to offset a tax liability from restricted stock vesting and to fund children's education.