PHOTRONICS INC 4
4 · PHOTRONICS INC · Filed Dec 15, 2016
Insider Transaction Report
Form 4
PHOTRONICS INCPLAB
SMITH SEAN T
Senior Vice President & CFO
Transactions
- Sale
Common Stock
2016-12-13$11.49/sh−15,000$172,413→ 122,006 total - Exercise/Conversion
Stock Options (Right to Buy)
2016-12-13−15,000→ 0 totalExercise: $4.42Exp: 2019-12-21→ Common Stock (15,000 underlying) - Exercise/Conversion
Common Stock
2016-12-13$4.42/sh+15,000$66,300→ 137,006 total
Footnotes (4)
- [F1]Net proceeds of sale to offset a tax liability from restricted stock vesting.
- [F2]The sales reported on this form 4 were affected pursuant to a 10b5-1 trading plan adopted by Sean T. Smith
- [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.
- [F4]The stock options vest 25% over 4 years on the anniversary date of the grant.