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

Signature
/s/Richelle E. Burr
Issuer symbol
PLAB
Transactions as of
18 May 2022
Transactions value $
$14,515
Form type
4
Filing time
20 May 2022, 16:48:33 UTC
Previous filing
05 Jan 2022
Next filing
30 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLAB Common Stock Award $14,515 +1,593 +1.14% $9.11 141,574 26 Jan 2022 Direct F1, F2
transaction PLAB Common Stock Award $0 +15,000 +10.6% $0 156,574 18 May 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.