PHOTRONICS INC 4
4 · PHOTRONICS INC · Filed Jan 5, 2017
Insider Transaction Report
Form 4
PHOTRONICS INCPLAB
SMITH SEAN T
Senior Vice President & CFO
Transactions
- Award
Stock Options (Right to Buy)
2017-01-03$11.35/sh+22,000$249,700→ 38,250 totalExercise: $11.35Exp: 2027-01-03→ Common Stock (22,000 underlying) - Award
Common Stock
2017-01-03+16,000→ 138,006 total - Other
Common Stock
2016-07-28$8.13/sh+2,352$19,122→ 140,358 total
Footnotes (3)
- [F1]Represents 1,568 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.
- [F3]The stock options vest 25% over 4 years on the anniversary date of the grant.