KIRLIN PETER S 4

4 · PHOTRONICS INC · Filed Feb 25, 2022

Form 4

Period: 2022-02-23

Senior VP, U.S. & Europe

Transactions

Award
Common Stock
2022-01-26$9.11/sh+2,332$21,249→ 453,571 total
Sale
Common Stock
2022-02-23$20.14/sh−300$6,041→ 453,571 total
Exercise/Conversion
Non-Qualified Stock Options
2022-02-23−300→ 51,456 total
Exercise: $12.13From: 2020-01-04Exp: 2026-01-04→ Common Stock (300 underlying)
Exercise/Conversion
Common Stock
2022-02-23$12.13/sh+300$3,639→ 453,871 total

Footnotes (5)

[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]The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Dr. Kirlin.
[F4]Net proceeds of sale to fund children's education.
[F5]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.

Documents

1 file