Richelle E. Burr - May 18, 2022 Form 4 Insider Report for PHOTRONICS INC (PLAB)

Signature
/s/Richelle E. Burr
Stock symbol
PLAB
Transactions as of
May 18, 2022
Transactions value $
$14,515
Form type
4
Date filed
5/20/2022, 04:48 PM
Previous filing
Jan 5, 2022
Next filing
Nov 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAB Common Stock Award $14.5K +1.59K +1.14% $9.11 142K Jan 26, 2022 Direct F1, F2
transaction PLAB Common Stock Award $0 +15K +10.6% $0.00 157K May 18, 2022 Direct F3
* 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 25% of the Restricted Stock Awards granted will vest on each anniversary date of the grant over 4 years.