Peter S. Kirlin - Feb 23, 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
Feb 23, 2022
Transactions value $
$18,847
Form type
4
Date filed
2/25/2022, 03:55 PM
Previous filing
Jan 18, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAB Common Stock Award $21.2K +2.33K +0.52% $9.11 454K Jan 26, 2022 Direct F1, F2
transaction PLAB Common Stock Options Exercise $3.64K +300 +0.07% $12.13 454K Feb 23, 2022 Direct
transaction PLAB Common Stock Sale -$6.04K -300 -0.07% $20.14 454K Feb 23, 2022 Direct F3, F4, F5

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 Non-Qualified Stock Options Options Exercise $0 -300 -0.58% $0.00 51.5K Feb 23, 2022 Common Stock 300 $12.13 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Dr. Kirlin.
F4 Net proceeds of sale to fund children's education.
F5 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.