Peter S. Kirlin - Aug 31, 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
Aug 31, 2021
Transactions value $
-$276,480
Form type
4
Date filed
9/2/2021, 05:51 PM
Previous filing
May 25, 2021
Next filing
Dec 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAB COMMON STOCK Options Exercise $201K +22.7K +5.69% $8.86 422K Aug 31, 2021 Direct
transaction PLAB COMMON STOCK Sale -$341K -22.7K -5.38% $15.00 400K Aug 31, 2021 Direct F1, F2, F3
transaction PLAB COMMON STOCK Options Exercise $197K +22.3K +5.57% $8.86 422K Aug 31, 2021 Direct
transaction PLAB COMMON STOCK Sale -$334K -22.3K -5.28% $15.00 400K Aug 31, 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 -22.7K -100% $0.00* 0 Aug 31, 2021 COMMON STOCK 22.7K $8.86 Direct
transaction PLAB Non-Qualified Stock Options Options Exercise $0 -22.3K -100% $0.00* 0 Aug 31, 2021 COMMON STOCK 22.3K $8.86 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 fund children's education.