<SEC-DOCUMENT>0001206774-15-001642.txt : 20150508
<SEC-HEADER>0001206774-15-001642.hdr.sgml : 20150508
<ACCEPTANCE-DATETIME>20150508171710
ACCESSION NUMBER:		0001206774-15-001642
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150504
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20150508
DATE AS OF CHANGE:		20150508

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:		15847901

	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>

<HTML>
<HEAD>
   <TITLE></TITLE>
</HEAD>

<BODY bgcolor=#ffffff>
<BR>
<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD style="text-align: center" width="99%"><B><FONT face="TIMES NEW ROMAN">UNITED
      STATES</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="99%"><B><FONT face="TIMES NEW ROMAN">SECURITIES AND
      EXCHANGE COMMISSION</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD style="text-align: center" width="99%"><B><FONT face="TIMES NEW ROMAN">Washington, D.C.
      20549</FONT></B></TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" width="99%">&nbsp;</TD></TR>
  <TR>
    <TD width="99%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD style="text-align: center" width="99%"><B><FONT face="TIMES NEW ROMAN" size=5>FORM 8-K</FONT></B></TD></TR></TABLE>
<div align=center><B><FONT face="TIMES NEW ROMAN">CURRENT
REPORT<BR></FONT></B><B><FONT face="TIMES NEW ROMAN">Pursuant To Section 13 or
15(d) Of The Securities Exchange Act Of 1934</FONT></B></div>
<P align=center><FONT face="TIMES NEW ROMAN" size=2>Date of report (Date of
earliest event
reported)&nbsp;</FONT><B><FONT face="TIMES NEW ROMAN" size=2>May 4, 2015 </FONT></B></P>
<DIV align=center>
<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=2 width="10%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%"><B><FONT face="TIMES NEW ROMAN">PHOTRONICS, INC.</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="100%"><FONT face="TIMES NEW ROMAN" size=2>&nbsp;&nbsp;&nbsp;(Exact name of registrant as specified in
      its charter)&nbsp;&nbsp;&nbsp;</FONT></TD></TR></TABLE></DIV><BR>
<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="32%"><B><FONT face="TIMES NEW ROMAN" size=2>Connecticut</FONT></B></TD>
    <TD noWrap style="text-align: center" width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="34%"><B><FONT face="TIMES NEW ROMAN" size=2>000-15451</FONT></B></TD>
    <TD noWrap style="text-align: center" width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="32%"><B><FONT face="TIMES NEW ROMAN" size=2>06-0854886</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="32%"><FONT face="TIMES NEW ROMAN" size=2>(State or
      other jurisdiction</FONT></TD>
    <TD noWrap style="text-align: center" width="1%"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD noWrap style="text-align: center" width="34%"><FONT face="TIMES NEW ROMAN" size=2>(Commission</FONT></TD>
    <TD noWrap style="text-align: center" width="1%"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD noWrap style="text-align: center" width="32%"><FONT face="TIMES NEW ROMAN" size=2>(IRS
      Employer</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="32%"><FONT face="TIMES NEW ROMAN" size=2>of
      incorporation)</FONT></TD>
    <TD noWrap style="text-align: center" width="1%"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD noWrap style="text-align: center" width="34%"><FONT face="TIMES NEW ROMAN" size=2>File
      Number)</FONT></TD>
    <TD noWrap style="text-align: center" width="1%"><FONT size=2 face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD noWrap style="text-align: center" width="32%"><FONT face="TIMES NEW ROMAN" size=2>Identification
      Number)</FONT></TD></TR></TABLE><BR>
<DIV align=center>
<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="20%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="98%"><B><FONT face="TIMES NEW ROMAN" size=2>15 Secor Road, Brookfield, CT</FONT></B></TD>
    <TD noWrap style="text-align: center" width="1%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="1%"><B><FONT face="TIMES NEW ROMAN" size=2>06804</FONT></B></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap style="text-align: center" width="98%"><FONT face="TIMES NEW ROMAN" size=2>&nbsp;&nbsp;&nbsp;(Address of Principal Executive
      Offices)&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD noWrap style="text-align: center" width="1%"></TD>
    <TD noWrap style="text-align: center" width="1%"><FONT face="TIMES NEW ROMAN" size=2>&nbsp;&nbsp;&nbsp;(Zip
  Code)&nbsp;&nbsp;&nbsp;</FONT></TD></TR></TABLE></DIV><BR>
<P align=center><FONT face="TIMES NEW ROMAN" size=2>Registrant&#146;s Telephone
Number, including area
code&nbsp;</FONT><B><FONT face="TIMES NEW ROMAN" size=2>(203) 775-9000 </FONT></B></P>
<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%">&nbsp;</TD></TR>
  <TR vAlign=bottom>
    <TD NOWRAP STYLE="text-align: center; width: 100%; border-bottom: Black 1pt solid"><FONT face="TIMES NEW ROMAN" size=2>(Former name
      or former address, if changed since last report)</FONT></TD></TR>
</TABLE><BR>
<div align=left><FONT face="TIMES NEW ROMAN" 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></div>
<TABLE style="BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR>
    <TD vAlign=top noWrap><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: 12pt" face="TIMES NEW ROMAN">&#9744;</FONT></TD>
    <TD vAlign=top noWrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD vAlign=top width="100%"><FONT face="TIMES NEW ROMAN" size=2>Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</FONT></TD></TR>
  <TR>
    <TD vAlign=top noWrap><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: 12pt" face="TIMES NEW ROMAN">&#9744;</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top width="100%"><FONT face="TIMES NEW ROMAN" size=2>Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</FONT></TD></TR>
  <TR>
    <TD vAlign=top noWrap><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: 12pt" face="TIMES NEW ROMAN">&#9744;</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top width="100%"><FONT face="TIMES NEW ROMAN" size=2>Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
  <TR>
    <TD vAlign=top noWrap><FONT style="FONT-SIZE: 10pt; LINE-HEIGHT: 12pt" face="TIMES NEW ROMAN">&#9744;</FONT></TD>
    <TD vAlign=top noWrap></TD>
    <TD vAlign=top width="100%"><FONT face="TIMES NEW ROMAN" size=2>Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR></TABLE><BR>
      <TABLE style="LINE-HEIGHT: 2pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%">&nbsp;</TD></TR></TABLE><BR>

<HR align=center width="100%" noShade SIZE=2>

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>
<P align=left><B><FONT face="Times New Roman" size=2><u>Item 5.02</u>&nbsp;<u>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers</u></FONT></B></P>
<P ALIGN="LEFT"><FONT face="Times New Roman" size=2>On May 4, 2015, the Board of Directors of the Company determined it was in the best interest of the Company that
Mr. Constantine Macricostas remain as an employee of the Company instead of becoming a consultant as previously
reported. Mr. Macricostas will be Executive Chairman of the Company and will enter into a four year employment
agreement with the Company. Mr. Macricostas will be compensated $410,000.00 per year and will perform
services on behalf of the Company as the Board of Directors may approve or designate. Mr. Macricostas will have
such duties, authority and responsibilities as may from time to time be assigned by the Board of Directors and he
may work on special projects at the request of the Chief Executive Officer. Mr. Macricostas will be provided with a
company car or car allowance. Mr. Macricostas&rsquo; employment agreement also provides for reimbursement of certain
health care expenses and contains certain severance, confidentiality and non-compete provisions.</FONT></P>
<HR align=center width="100%" noShade size="2">

<DIV style="PAGE-BREAK-BEFORE: always"></DIV><BR>



<TABLE style="LINE-HEIGHT: 2pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%">&nbsp;</TD></TR></TABLE>
<P align=center><B><FONT face="Times New Roman" size=2>SIGNATURES</FONT></B></P>
<P align=left><FONT face="Times New Roman" 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>
<DIV align=center>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="10%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="33%"></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="33%"><B><FONT face="Times New Roman" size=2>PHOTRONICS, INC.</FONT></B></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="34%"></TD></TR>
  <TR vAlign=bottom>
    <TD style="text-align: center" width="33%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD style="text-align: center" width="33%"><FONT face="Times New Roman" size=2>(Registrant)</FONT></TD>
    <TD style="text-align: center" width="34%">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR></TABLE></DIV><BR>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD noWrap align=left width="2%"><B><FONT face="Times New Roman" size=2>DATE&nbsp;&nbsp;</FONT></B></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="30%"><B><FONT face="Times New Roman" size=2>May 8,
      2015</FONT></B></TD>
    <TD noWrap align=left width="36%">&nbsp;</TD>
    <TD noWrap align=left width="2%"><B><FONT face="Times New Roman" size=2>BY&nbsp;&nbsp;</FONT></B></TD>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=left width="30%"><FONT face="Times New Roman" size=2>/s/ Richelle E. Burr</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="2%"></TD>
    <TD noWrap align=left width="66%" colSpan=2></TD>
    <TD noWrap align=left width="2%"></TD>
    <TD noWrap align=left width="30%"><FONT face="Times New Roman" size=2>Richelle E. Burr</FONT></TD></TR>
  <TR vAlign=bottom>
    <TD noWrap align=left width="2%"></TD>
    <TD noWrap align=left width="66%" colSpan=2></TD>
    <TD noWrap align=left width="2%"></TD>
    <TD noWrap align=left width="30%"><FONT face="Times New Roman" size=2>Vice
      President, General Counsel</FONT></TD></TR></TABLE><BR>
<TABLE style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse" cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=bottom>
    <TD style="BORDER-BOTTOM: #000000 1pt solid" noWrap align=center width="100%"><FONT face="Times New Roman" size=2>INDEX TO
  EXHIBITS</FONT></TD></TR></TABLE><BR>

<HR align=center width="100%" noShade size="2">

</BODY>

</HTML>

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