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Filing Details

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
1182396	T Sean Smith	15 Secor Road Brookfield CT 06804	Senior Vice President & Cfo	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	2016-12-13	15,000	$4.42	137,006	No	4	M	Direct
Common Stock	Disposition	2016-12-13	15,000	$11.49	122,006	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Options (Right to Buy)	Disposition	2016-12-13	15,000	$0.00	15,000	$4.42

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2019-12-21	No	4	M	Direct

Footnotes

Net proceeds of sale to offset a tax liability from restricted stock vesting.
The sales reported on this form 4 were affected pursuant to a 10b5-1 trading plan adopted by Sean T. Smith
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.
The stock options vest 25% over 4 years on the anniversary date of the grant.