PETER S. KIRLIN - 21 May 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
Issuer symbol
PLAB
Transactions as of
21 May 2021
Net transactions value
-$238,411
Form type
4
Filing time
25 May 2021, 17:10:04 UTC
Next filing
02 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAB COMMON STOCK Options Exercise $27,891 +3,389 +0.85% $8.23 403,013 21 May 2021 Direct
transaction PLAB COMMON STOCK Sale $45,816 -3,389 -0.84% $13.52 399,624 21 May 2021 Direct F1, F2, F3
transaction PLAB COMMON STOCK Options Exercise $47,207 +5,736 +1.4% $8.23 405,360 21 May 2021 Direct
transaction PLAB COMMON STOCK Sale $77,516 -5,736 -1.4% $13.51 399,624 21 May 2021 Direct F1, F2, F3
transaction PLAB COMMON STOCK Options Exercise $65,017 +7,900 +2% $8.23 407,524 24 May 2021 Direct
transaction PLAB COMMON STOCK Sale $106,871 -7,900 -1.9% $13.53 399,624 24 May 2021 Direct F1, F2, F3
transaction PLAB COMMON STOCK Options Exercise $230,234 +27,975 +7% $8.23 427,599 24 May 2021 Direct
transaction PLAB COMMON STOCK Sale $378,558 -27,975 -6.5% $13.53 399,624 24 May 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 -3,389 -30% $0.000000 7,900 21 May 2021 COMMON STOCK 3,389 $8.23 Direct
transaction PLAB Non-Qualified Stock Options Options Exercise $0 -5,736 -17% $0.000000 27,975 21 May 2021 COMMON STOCK 5,736 $8.23 Direct
transaction PLAB Stock Options (Right to Buy) Options Exercise $0 -7,900 -100% $0.000000* 0 24 May 2021 COMMON STOCK 7,900 $8.23 Direct
transaction PLAB Non-Qualified Stock Options Options Exercise $0 -27,975 -100% $0.000000* 0 24 May 2021 COMMON STOCK 27,975 $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.