<SEC-DOCUMENT>0001206774-13-003338.txt : 20130916
<SEC-HEADER>0001206774-13-003338.hdr.sgml : 20130916
<ACCEPTANCE-DATETIME>20130916165312
ACCESSION NUMBER:		0001206774-13-003338
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20130916
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130916
DATE AS OF CHANGE:		20130916

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PHOTRONICS INC
		CENTRAL INDEX KEY:			0000810136
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				060854886
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-15451
		FILM NUMBER:		131099326

	BUSINESS ADDRESS:	
		STREET 1:		15 SECOR ROAD
		STREET 2:		PO BOX 5226
		CITY:			BROOKFIELD
		STATE:			CT
		ZIP:			06804
		BUSINESS PHONE:		2037759000

	MAIL ADDRESS:	
		STREET 1:		15 SECOR ROAD
		STREET 2:		P O BOX 5226
		CITY:			BROOKFIELD
		STATE:			CT
		ZIP:			06804

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHOTRONIC LABS INC
		DATE OF NAME CHANGE:	19900514
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>photronics_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>

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<DIV align=center><B><FONT face=serif size=4>UNITED
STATES<BR></FONT></B><B><FONT face=serif size=4>SECURITIES AND EXCHANGE
COMMISSION<BR></FONT></B><B><FONT face=serif>Washington, D.C. 20549
</FONT></B></DIV>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" width="100%">&nbsp;</TD></TR></TABLE>
<P></P>
<P align=center><B><FONT face=serif size=5>FORM 8-K </FONT></B><FONT face=serif></FONT></P>
<P align=center><B><FONT face=serif>CURRENT REPORT <BR></FONT></B><B><FONT face=serif>Pursuant To Section 13 or 15(d) Of The Securities Exchange Act Of
1934 </FONT></B><FONT face=serif></FONT></P>
<DIV align=center>
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  <TR vAlign=bottom>
    <TD noWrap align=left width="83%"><FONT face=serif size=2>Date of report (Date of earliest event
      reported)</FONT></TD>
    <TD noWrap align=left width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD noWrap align=right width="15%"><B><FONT face=serif size=2>September 16,
      2013</FONT></B></TD></TR></TABLE></DIV><BR>
<DIV align=center>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="98%"><B><FONT face=serif>PHOTRONICS, INC.</FONT></B></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=center width="1%" ></TD>
    <TD noWrap align=center width="98%"><FONT face=serif size=2>(Exact name of registrant as
      specified in its charter)</FONT></TD>
    <TD noWrap align=center width="1%" >&nbsp;</TD></TR></TABLE></DIV><BR>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="32%"><B><FONT face=serif size=2>Connecticut</FONT></B></TD>
    <TD noWrap align=center width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="33%"><B><FONT face=serif size=2>000-15451</FONT></B></TD>
    <TD noWrap align=center width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="33%"><B><FONT face=serif size=2>06-0854886</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=center width="32%"><FONT face=serif size=2>(State or other
jurisdiction</FONT></TD>
    <TD noWrap align=center width="1%" >&nbsp;</TD>
    <TD noWrap align=center width="33%"><FONT face=serif size=2>(Commission</FONT></TD>
    <TD noWrap align=center width="1%" >&nbsp;</TD>
    <TD noWrap align=center width="33%"><FONT face=serif size=2>(IRS Employer</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=center width="32%"><FONT face=serif size=2>of incorporation)</FONT></TD>
    <TD noWrap align=center width="1%" ></TD>
    <TD noWrap align=center width="33%"><FONT face=serif size=2>File Number)</FONT></TD>
    <TD noWrap align=center width="1%" ></TD>
    <TD noWrap align=center width="33%"><FONT face=serif size=2>Identification Number)</FONT>&nbsp;
    </TD></TR></TABLE><BR>
<DIV align=center>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="74%"><B><FONT face=serif size=2>15 Secor Road, Brookfield, CT</FONT></B></TD>
    <TD noWrap align=center width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="25%"><B><FONT face=serif size=2>06804</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=center width="74%"><FONT face=serif size=2>(Address of Principal Executive
      Offices)</FONT></TD>
    <TD noWrap align=center width="1%" >&nbsp;</TD>
    <TD noWrap align=center width="25%"><FONT face=serif size=2>(Zip
Code)</FONT></TD></TR></TABLE></DIV><BR>
<DIV align=center>
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  <TR vAlign=bottom>
    <TD noWrap align=left width="73%"><FONT face=serif size=2>Registrant&#146;s Telephone Number, including
      area code</FONT></TD>
    <TD noWrap align=right width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD noWrap align=right width="25%"><B><FONT face=serif size=2>(203)
    775-9000</FONT></B></TD></TR></TABLE></DIV><BR>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%" >&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=center width="100%"><FONT face=serif size=2>(Former name or former address, if
      changed since last report)</FONT></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%" >&nbsp;</TD></TR></TABLE><BR>
<P align=left><FONT face=serif size=2>Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:</FONT></P>
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    <TD vAlign=top width="1%"><FONT face=Wingdings>&#168;</FONT></TD>
    <TD vAlign=top noWrap width="1%">&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; </TD>
    <TD vAlign=top width="97%">
      <P><FONT face=serif size=2>Written communications pursuant to Rule 425
      under the Securities Act (17 CFR 230.425)</FONT> </P></TD></TR>
  <TR>
    <TD vAlign=top width="1%" ><FONT face=Wingdings>&#168;</FONT></TD>
    <TD vAlign=top noWrap width="1%" ></TD>
    <TD vAlign=top width="97%" >Soliciting material pursuant to
      Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</TD></TR>
  <TR>
    <TD vAlign=top width="1%" ><FONT face=Wingdings>&#168;</FONT></TD>
    <TD vAlign=top noWrap width="1%" ></TD>
    <TD vAlign=top width="97%" >
      <P><FONT face=serif size=2>Pre-commencement communications pursuant to
      Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))</FONT></P></TD></TR>
  <TR>
    <TD vAlign=top width="1%" ><FONT face=Wingdings>&#168;</FONT></TD>
    <TD vAlign=top noWrap width="1%" ></TD>
    <TD vAlign=top width="97%" >
      <P><FONT face=serif size=2>Pre-commencement communications pursuant to
      Rule 13e-4(c) under the Exchange Act (17 CFR
  240.13e-4(c))</FONT></P></TD></TR></TABLE><BR>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><B><FONT face=serif size=2>Item 5.02 Departure of Directors or
Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers. </FONT></B></P>
<P align=left>&nbsp;&nbsp;&nbsp;&nbsp; <FONT face=serif size=2>Photronics, Inc.
(the &#147;Company&#148;) has announced that Dr. Peter Kirlin, age 53, has become
President of the Company. Dr. Kirlin has served as the Company&#146;s Senior Vice
President, US and Europe, since August 2008. Prior to joining the Company, Dr.
Kirlin served as the Executive Chairman of Akrion, Inc. from January 2007 to
July 2008, the Vice President of Business Development at Entegris, Inc. from May
2004 to September 2006 and was previously the Chairman and Chief Executive Officer of DuPont
Photomasks, Inc.</FONT></P>
<P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;  </FONT>There are no arrangements or
understandings between Dr. Kirlin and any  other person pursuant to which Dr. Kirlin was appointed as an officer of the
Company. There are no family relationships between Dr. Kirlin and any director  or executive officer of the Company. Dr.
Kirlin is not a party to any  transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.  At this time
Dr. Kirlin will continue to receive an annual base salary of  $320,000 and will continue to be eligible for a bonus under the
Company&#146;s 2011 Executive Incentive Compensation Plan, the target amount of which cannot  exceed 65% of his base salary.
The actual amount of the bonus would be  determined based upon Company and individual performance. Dr. Kirlin is a
participant in the 2007 Long Term Equity Incentive Plan pursuant to which he  received awards on terms set forth in the
Company&#146;s standard form award  agreements and will be eligible to receive future awards. </FONT></P>
<P align=left><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Constantine S. Macricostas will continue as Chairman and Chief Executive
Officer of the Company.</FONT></P>
<P align=left><B><FONT face=serif size=2>Item 9.01. Financial Statements and
Exhibits. </FONT></B></P>
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    <TD vAlign=top noWrap align=left width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; </TD>
    <TD vAlign=top noWrap align=left width="1%"><FONT face=serif>(d)</FONT></TD>
    <TD vAlign=top noWrap align=left width="1%" >&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </TD>
    <TD vAlign=top noWrap align=left width="97%"><FONT face=serif>Exhibits.</FONT></TD></TR>
  <TR>
    <TD vAlign=top noWrap align=left width="1%" ></TD>
    <TD vAlign=top noWrap align=left width="1%" ></TD>
    <TD vAlign=top noWrap align=left width="1%" ></TD>
    <TD vAlign=top noWrap align=left width="97%" >&nbsp;</TD></TR>
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    <TD vAlign=top noWrap align=left width="1%" >&nbsp;</TD>
    <TD vAlign=top noWrap align=left width="1%"></TD>
    <TD vAlign=top noWrap align=left width="1%" ></TD>
    <TD vAlign=top noWrap align=left width="97%"><FONT face=serif>99.1 Press release dated September 16,
      2013.</FONT>&nbsp; </TD></TR></TABLE><BR>
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<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=center><B><FONT face=serif size=2>SIGNATURES </FONT></B><FONT face=serif></FONT></P>
<P align=left><FONT face=serif size=2>Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized. </FONT></P>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%"><B><FONT face=serif>PHOTRONICS, INC.</FONT></B>&nbsp; </TD></TR>
  <TR vAlign=bottom>
    <TD align=center width="100%"><FONT face=serif size=2>(Registrant)</FONT></TD></TR></TABLE></DIV><BR>
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    <TD noWrap align=left width="1%"><B><FONT face=serif size=2>DATE&nbsp;&nbsp;
      </FONT></B></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="13%"><B><FONT face=serif size=2>September 16, 2013</FONT></B></TD>
    <TD noWrap align=left width="35%" ></TD>
    <TD noWrap align=left width="1%"><B><FONT face=serif size=2>BY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="49%"><FONT face=serif size=2>/s/
      Richelle E. Burr</FONT></TD></TR>
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    <TD noWrap align=left width="1%">&nbsp;</TD>
    <TD noWrap align=left width="13%"></TD>
    <TD noWrap align=left width="35%" ></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Richelle E. Burr</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="13%"></TD>
    <TD noWrap align=left width="35%" ></TD>
    <TD noWrap align=left width="1%"></TD>
    <TD noWrap align=left width="49%"><FONT face=serif size=2>Vice President, General Counsel</FONT>&nbsp;
    </TD></TR></TABLE><BR>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%"><FONT face=serif size=2>INDEX TO EXHIBITS</FONT></TD></TR></TABLE><BR>
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    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="3%"><FONT face=serif size=2>Exhibit</FONT></TD>
    <TD noWrap align=left width="1%" >&nbsp;&nbsp;&nbsp; &nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="95%"><FONT face=serif size=2>Description</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="3%" bgColor=#c0c0c0><FONT face=serif size=2>99.1</FONT></TD>
    <TD noWrap align=left width="1%"  bgColor=#c0c0c0></TD>
    <TD noWrap align=left width="95%" bgColor=#c0c0c0><FONT face=serif size=2>Press release dated
      September 16, 2013.</FONT></TD></TR></TABLE><BR>
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<TYPE>EX-99.1
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<FILENAME>exhibit99-1.htm
<DESCRIPTION>PRESS RELEASE DATED SEPTEMBER 16, 2013
<TEXT>

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    <TD noWrap align=left width="41%"><IMG src="photronics_8kx1x1.jpg" border=0></TD>
    <TD NOWRAP WIDTH="58%" ROWSPAN="2" STYLE="padding-bottom: 2	pt; border-bottom: #000000 1pt solid; text-align: right; vertical-align: bottom">
      <P><B><FONT face="Times New Roman" size=2>F</FONT></B><B><FONT face="Times New Roman" size=1>OR </FONT></B><B><FONT face="Times New Roman" size=2>F</FONT></B><B><FONT face="Times New Roman" size=1>URTHER </FONT></B><B><FONT face="Times New Roman" size=2>I</FONT></B><B><FONT face="Times New Roman" size=1>NFORMATION</FONT></B><B><FONT face="Times New Roman" size=2>:<BR></FONT></B><FONT face="Times New Roman" size=2>Pete
      Broadbent<BR>Vice President, Investor Relations<BR>&amp;
      Marketing<BR>(203) 775-9000<BR></FONT><FONT face="Times New Roman" size=2>pbroadbent@photronics.com</FONT><FONT face="Times New Roman" size=2> </FONT></P></TD></TR>
  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="41%"><I><FONT face="Times New Roman" size=5>Press
      Release</FONT></I></TD></TR></TABLE><BR>

<P STYLE="text-align: center"><B><FONT face=serif size=6>Photronics Promotes Dr. Peter Kirlin
to President </FONT></B></P>
<P align=justify><FONT face=serif size=2>BROOKFIELD,
Connecticut September 16, 2013 &#151; </FONT><FONT face=serif size=2>Photronics,
Inc.</FONT><FONT face=serif size=2> (Nasdaq:PLAB), a worldwide leader in
supplying innovative imaging technology solutions for the global electronics
industry, has announced the appointment of Dr. Peter Kirlin as President of the
Company. Dr. Kirlin has served as the Company&#146;s Senior Vice President, US and
Europe, since August 2008.</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>In his role as President of Photronics, Peter will continue to report to
Constantine &#147;Deno&#148; Macricostas, Chairman and Chief Executive Officer, and will
be responsible for global sales and global operations of the company.</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>&#147;Peter brings a wealth of photomask industry experience in engineering,
operations and sales to this global leadership role,&#148; said Macricostas. &#147;His
success at leading our US and Europe teams and working to build successful
partnerships with our customers and suppliers has played a key role in our
company&#146;s growing success and rise to a leadership position in the industry. At
a time when we are focused on continuing to strengthen our operational
performance and synchronize our strategic support for customers across their
global organizations, Peter will provide the superior guidance and tactical
leadership to achieve our goal to be the preeminent merchant photomask company
in the industry.&#148;</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;  </FONT>&#147;Photronics is an outstanding
company with great talent and a rich  history of customer service and focus on quality and efficiency for our  customers. I
look forward to working with Dr. Soo Hong (SH) Jeong, COO &amp; President Asia and our excellent global sales and operations
teams to achieve  the exceptional growth and performance goals that we have set for the Company,&#148;  said Kirlin. </FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Prior to joining the Company, Dr. Kirlin served as the Executive Chairman
of Akrion, Inc. from January 2007 to July 2008, the Vice President of Business
Development at Entegris, Inc. from May 2004 to September 2006 and was previously the Chairman
and Chief Executive Officer of DuPont Photomasks, Inc.</FONT></P>
<P align=justify><FONT face=serif size=2><FONT size=3>&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Dr. Kirlin earned his Ph.D. in Chemical Engineering from the University
of Delaware in Newark, Delaware and a Bachelor of Science degree in Chemical
Engineering from Pennsylvania State University in University Park, Pennsylvania.
</FONT></P>
<P align=center><FONT face=serif>#&nbsp;&nbsp;# &nbsp;# </FONT></P>
<P align=justify><B><FONT face=serif size=1>About Photronics </FONT></B></P>
<P align=justify><FONT face=serif size=1>Photronics</FONT><FONT face=serif size=1> is a leading worldwide manufacturer of </FONT><FONT face=serif size=1>photomasks</FONT><FONT face=serif size=1>. Photomasks are high precision
quartz plates that contain microscopic images of electronic circuits. A key
element in the manufacture of semiconductors and flat panel displays, photomasks
are used to transfer circuit patterns onto semiconductor wafers and flat panel
substrates during the fabrication of integrated circuits, a variety of flat
panel displays and, to a lesser extent, other types of electrical and optical
components. They are produced in accordance with product designs provided by
customers at strategically located </FONT><FONT face=serif size=1>manufacturing
facilities</FONT><FONT face=serif size=1> in Asia, Europe, and North America.
Additional information on the Company can be accessed at </FONT><FONT face=serif size=1>www.photronics.com</FONT><FONT face=serif size=1>.</FONT></P>
<P align=justify><FONT face=serif size=1>The Private Securities Litigation
Reform Act of 1995 provides a &#147;safe harbor&#148; for forward-looking statements made
by or on behalf of Photronics, Inc. and its subsidiaries (the Company). The
forward-looking statements contained in this press release and other parts of
Photronics&#146; web site involve risks and uncertainties that may affect the
Company&#146;s operations, markets, products, services, prices, and other factors.
These risks and uncertainties include, but are not limited to, economic,
competitive, legal, governmental, and technological factors as well as decisions
we may make in the future regarding our business, capital structure and other
matters. Accordingly, there is no assurance that the Company&#146;s expectations will
be realized. For a fuller discussion of the factors that may affect the
Company's operations, see "Forward Looking Statements" in the Company's
Quarterly and Annual Reports to the Securities and Exchange Commission on Forms
10-Q and 10-K. The Company assumes no obligation to provide revisions to any
forward-looking statements.</FONT></P>
<P align=left><FONT face=serif size=1>14-2013</FONT><FONT face=serif size=1>
</FONT></P>



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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
