Filing Details

Accession Number:
0001140361-19-000434
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-01-04 19:21:40
Reporting Period:
2019-01-02
Accepted Time:
2019-01-04 19:21:40
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
810136 Photronics Inc PLAB Semiconductors & Related Devices (3674) 060854886
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1219132 S Peter Kirlin 15 Secor Road
Brookfield CT 06804
Chief Executive Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-07-26 2,857 $7.44 205,352 No 5 J Direct
Common Stock Acquisiton 2019-01-02 75,000 $0.00 280,352 No 4 A Direct
Common Stock Disposition 2019-01-03 11,024 $9.46 269,328 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 J Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. Represents shares of Photronics, Inc. common stock purchased under the Company's Employee Stock Purchase Plan.
  2. 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.
  3. 25% of the restricted stock awards granted will vest on each anniversary date of the grant over 4 years.
  4. The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Kirlin.
  5. Net proceeds of sale to offset a tax liability from restricted stock vesting.
  6. 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.