Peter S. Kirlin - Jan 6, 2022 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
Jan 6, 2022
Transactions value $
-$21,569
Form type
4
Date filed
1/10/2022, 04:10 PM
Previous filing
Jan 6, 2022
Next filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAB Common Stock Options Exercise $7.2K +634 +0.14% $11.35 452K Jan 6, 2022 Direct
transaction PLAB Common Stock Sale -$12.3K -634 -0.14% $19.40 451K Jan 6, 2022 Direct F1, F2, F3
transaction PLAB Common Stock Options Exercise $23.2K +2.05K +0.45% $11.35 453K Jan 6, 2022 Direct
transaction PLAB Common Stock Sale -$39.7K -2.05K -0.45% $19.40 451K Jan 6, 2022 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 -634 -31.28% $0.00 1.39K Jan 6, 2022 Common Stock 634 $11.35 Direct
transaction PLAB Non-Qualified Stock Options Options Exercise $0 -2.05K -35% $0.00 3.8K Jan 6, 2022 Common Stock 2.05K $11.35 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 Net proceeds of sale to offset a tax liability from restricted stock vesting and to fund children's education.
F3 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.