Statement of Changes in Beneficial Ownership (4)
January 08 2020 - 5:32PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Progler Christopher J |
2. Issuer Name and Ticker or Trading Symbol
PHOTRONICS INC
[
PLAB
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VP, Chief Technology Officer |
(Last)
(First)
(Middle)
15 SECOR RD. |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/6/2020 |
(Street)
BROOKFIELD, CT 06804
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 1/6/2020 | | M | | 6592 | A | $6.71 | 140325 | D | |
Common Stock | 1/6/2020 | | S | | 6592 (1)(2) | D | $14.95 (3) | 133733 | D | |
Common Stock | 1/6/2020 | | M | | 820 | A | $6.32 | 134553 | D | |
Common Stock | 1/6/2020 | | S | | 820 (1)(2) | D | $14.95 (3) | 133733 | D | |
Common Stock | 1/6/2020 | | S | | 5000 (1)(2) | D | $14.95 (3) | 128733 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Options (Right to Buy) | $6.71 | 1/6/2020 | | M | | | 6592 | 12/10/2014 | 12/10/2020 | Common Stock | 6592 | $0 | 0 | D | |
Non-Qualified Stock Options (Right to buy) | $6.32 | 1/6/2020 | | M | | | 820 | 12/9/2015 | 12/9/2021 | Common Stock | 820 | $0 | 0 | D | |
Explanation of Responses: |
(1) | Net proceeds of sale to fund children's education and offset a tax liability from Restricted Stock Vesting. |
(2) | The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by Mr. Progler. |
(3) | 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. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Progler Christopher J 15 SECOR RD. BROOKFIELD, CT 06804 |
|
| VP, Chief Technology Officer |
|
Signatures
|
/s/ Richelle E. Burr, attorney-in-fact for Christopher J. Progler | | 1/8/2020 |
**Signature of Reporting Person | Date |
Photronics (NASDAQ:PLAB)
Historical Stock Chart
From Jun 2024 to Jul 2024
Photronics (NASDAQ:PLAB)
Historical Stock Chart
From Jul 2023 to Jul 2024