<SEC-DOCUMENT>0001140361-23-059255.txt : 20231226
<SEC-HEADER>0001140361-23-059255.hdr.sgml : 20231226
<ACCEPTANCE-DATETIME>20231222215656
ACCESSION NUMBER:		0001140361-23-059255
CONFORMED SUBMISSION TYPE:	S-8
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20231226
DATE AS OF CHANGE:		20231222
EFFECTIVENESS DATE:		20231226

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PHOTRONICS INC
		CENTRAL INDEX KEY:			0000810136
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		ORGANIZATION NAME:           	04 Manufacturing
		IRS NUMBER:				060854886
		STATE OF INCORPORATION:			CT
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		S-8
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-276268
		FILM NUMBER:		231511225

	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>S-8
<SEQUENCE>1
<FILENAME>ef20017371_s8.htm
<DESCRIPTION>S-8
<TEXT>
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      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">UNITED STATES</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
      <div>
        <hr noshade="noshade" align="center" style="height: 2px; width: 5%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 18pt; font-weight: bold;">Form S-8</div>
      <div><br>
      </div>
      <div style="text-align: center; text-indent: -1.55pt; margin-left: 4.5pt; color: #000000; font-weight: bold;">REGISTRATION STATEMENT</div>
      <div style="text-align: center; text-indent: -1.55pt; margin-left: 4.5pt; color: #000000; font-weight: bold;">UNDER</div>
      <div style="text-align: center; text-indent: -1.55pt; margin-left: 4.5pt; color: #000000; font-weight: bold;">THE SECURITIES ACT OF 1933</div>
      <div><br>
      </div>
      <div style="text-align: center; color: rgb(0, 0, 0); font-size: 24pt;">PHOTRONICS, INC.</div>
      <div style="text-align: center; color: #000000;">(Exact name of registrant as specified in its charter)</div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zb76a41607c39406c9cbc33e3510cdcc5">

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            <td style="width: 49.01%; vertical-align: top;">
              <div style="text-align: center; color: rgb(0, 0, 0);">CONNECTICUT</div>
            </td>
            <td style="width: 2%; vertical-align: top;">&#160;</td>
            <td style="width: 49%; vertical-align: top;">
              <div style="text-align: center; color: rgb(0, 0, 0);">06-0854886</div>
            </td>
          </tr>
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            <td style="width: 49.01%; vertical-align: top;">
              <div style="text-align: center; color: rgb(0, 0, 0);">(State or other jurisdiction of incorporation or organization)</div>
            </td>
            <td style="width: 2%; vertical-align: top;">&#160;</td>
            <td style="width: 49%; vertical-align: top;">
              <div style="text-align: center; color: rgb(0, 0, 0);">(I.R.S. Employer Identification No.)</div>
            </td>
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      </table>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000;">15 Secor Road</div>
      <div style="text-align: center; color: #000000;">Brookfield, CT 06804</div>
      <div style="text-align: center; color: #000000;">(Address of Principal Executive Offices)</div>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000;">PHOTRONICS, INC.</div>
      <div style="text-align: center; color: #000000;">2016 Equity Incentive Compensation Plan (Amended and Current as of March 16, 2023)</div>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000;">Richelle E. Burr</div>
      <div style="text-align: center; color: #000000;">Executive Vice President, Chief Administrative Officer, General Counsel and Secretary</div>
      <div style="text-align: center; color: #000000;">PHOTRONICS, INC.</div>
      <div style="text-align: center; color: #000000;">15 Secor Road</div>
      <div style="text-align: center; color: #000000;">Brookfield, CT 06804</div>
      <div style="text-align: center; color: #000000;">(Name and address of agent for service)</div>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000;">(203) 775-9000</div>
      <div style="text-align: center; color: #000000;">(Telephone number, including area code, of agent for service)</div>
      <div><br>
      </div>
      <div style="color: #000000;">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of &#8220;large
        accelerated filer&#8221;, &#8220;accelerated filer&#8221;, &#8220;smaller reporting company&#8221; and &#8216;emerging growth company&#8221; in Rule 12b-2 of the Exchange Act. (Check one):</div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" align="center" style="border-collapse: collapse; width: 70%; color: #000000; font-family: 'Times New Roman'; font-size: 10pt; text-align: left;" id="z9d846de36cbe4259b388743aac1c150b">

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            <td style="width: 24.99%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Large accelerated filer</div>
            </td>
            <td style="width: 10%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">&#9746;</div>
            </td>
            <td style="width: 25%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Accelerated filer</div>
            </td>
            <td style="width: 10%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">&#9744;</div>
            </td>
          </tr>
          <tr>
            <td style="width: 24.99%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Non-accelerated filer</div>
            </td>
            <td style="width: 10%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">&#9744;</div>
            </td>
            <td style="width: 25%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Smaller reporting company</div>
            </td>
            <td style="width: 10%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">&#9744;</div>
            </td>
          </tr>
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            <td style="width: 24.99%; vertical-align: top;">&#160;</td>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 25%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Emerging Growth Company</div>
            </td>
            <td style="width: 10%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">&#9744;</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="color: #000000;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to
        Section 7(a)(2)(B) of the Securities Act. &#9744;</div>
      <div style="color: #000000;"> <br>
      </div>
      <div style="color: #000000;">
        <hr align="center" style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"> </div>
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      <div style="text-align: center; color: #000000; font-weight: bold;">EXPLANATORY NOTE</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt; color: #000000;">Photronics, Inc. (the &#8220;Registrant&#8221;) previously filed a Registration Statement on Form S-8 (File No. 333-217676) (the &#8220;Original Registration Statement&#8221;) with respect to the Photronics, Inc. 2016 Equity
        Incentive Compensation Plan (the &#8220;Plan&#8221;).&#160; On March 16, 2023, our stockholders approved an amendment and restatement of the Plan to increase the aggregate number of shares of common stock, par value $0.01 per share (the &#8220;Common Stock&#8221;), that may be
        subject to awards under the Plan by an additional 1,000,000 shares (the &#8220;Registration Statement&#8221;). This Registration Statement covers such additional shares of Common Stock. In accordance with General Instruction E of Form S-8, the contents of the
        Original Registration Statement are incorporated herein by reference.</div>
      <div><br>
      </div>
      <div style="text-indent: 36pt; color: #000000;">The Plan filed herewith as Exhibit 4.1 replaces the Exhibit 10.1 previously filed with the Original Registration Statement.</div>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000; font-weight: bold;">PART II</div>
      <div style="text-align: center; color: #000000; font-weight: bold;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z1e8baf03b5b044f7acbcc44b9a66c185">

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            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0); font-weight: bold;">Item 3.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="color: rgb(0, 0, 0); font-weight: bold;">Incorporation of Documents by Reference.</div>
            </td>
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      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt; color: #000000;">The following documents filed by the Registrant with the Securities and Exchange Commission (the &#8220;Commission&#8221;) pursuant to the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), are&#160;
        incorporated herein by reference:</div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z8c6bc28e76b94853bd7b3fe7c5b7c8f7">

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            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">(a)</div>
            </td>
            <td style="width: 90%; vertical-align: top;">
              <div><font style="color: #000000;">The Registrant&#8217;s annual report on Form 10-K for the fiscal year ended October 31, 2023 (filed on </font><a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/810136/000114036122046880/brhc10045687_10k.htm">December 22, 2023</a><font style="color: rgb(0, 0, 0);">);</font></div>
            </td>
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            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
          </tr>
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            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">(b)</div>
            </td>
            <td style="width: 90%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">The Registrant&#8217;s quarterly report on Form 10-Q for the fiscal quarter ended July 30, 2023 (filed <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/810136/000114036123043001/brhc20058464_10q.htm">September

                  7, 2023</a>);</div>
            </td>
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            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">(c)</div>
            </td>
            <td style="width: 90%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">The Registrant&#8217;s current reports on Form 8-K filed with the Commission on <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/810136/000114036123057413/ef20016543_8k.htm">December 13, 2023</a> and <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/810136/000114036123042837/brhc20058525_8k.htm">September 6, 2023</a>;</div>
            </td>
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            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
          </tr>
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            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div>(d)</div>
            </td>
            <td style="width: 90%; vertical-align: top;">
              <div>The Registrant&#8217;s Definitive Proxy Statement on Schedule 14A for the annual meeting of stockholders held on March 16, 2023, filed with the Commission on <a href="https://www.sec.gov/Archives/edgar/data/810136/000153949723000326/n3449_x1-def14a.htm">February 21, 2023</a>;</div>
              <div> </div>
            </td>
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            <td style="width: 5%; vertical-align: middle;" rowspan="1">&#160;</td>
            <td style="width: 5%; vertical-align: top;" rowspan="1">&#160;</td>
            <td style="width: 90%; vertical-align: top;" rowspan="1">&#160;</td>
          </tr>
          <tr>
            <td style="width: 5%; vertical-align: middle;">&#160;</td>
            <td style="width: 5%; vertical-align: top;">
              <div>(e)</div>
            </td>
            <td style="width: 90%; vertical-align: top;">
              <div>The description of the Registrant's common stock contained in Exhibit 4.1 to the Registrant&#8217;s annual report on Form 10-K for the fiscal year ended October 31, 2023, filed on December 22, 2023.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt; color: #000000;">In addition, all documents filed by the Registrant with the Commission pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act after the date of this Registration Statement and prior to the
        filing of a post-effective amendment which indicates that all securities offered have been sold or which deregisters all securities then remaining unsold shall be deemed to be incorporated by reference into this Registration Statement and to be a
        part hereof from the date of filing of such documents with the Commission. Any statement contained in a document incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent
        that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any statement so modified or superseded shall not be deemed,
        except as so modified or superseded, to constitute a part of this Registration Statement.</div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z19458d817fac4700a67d80d5690d32e4">

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            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0); font-weight: bold;">Item 8.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="color: rgb(0, 0, 0); font-weight: bold;">Exhibits.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-indent: 36pt; color: #000000;">The exhibits filed as part of this Registration Statement are set forth below in the Exhibits Index and is incorporated by reference herein to this item.</div>
      <div><br>
      </div>
      <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" class="BRPFPageBreakArea">
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            <td style="width: 36pt; vertical-align: top; color: rgb(0, 0, 0); font-weight: bold;">Item 9.</td>
            <td style="width: auto; vertical-align: top;">
              <div style="color: rgb(0, 0, 0); font-weight: bold;">Undertakings.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="color: #000000;">A. The undersigned Registrant hereby undertakes:</div>
      <div><br>
      </div>
      <div style="text-indent: 18pt; color: #000000;">(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</div>
      <div><br>
      </div>
      <div style="text-indent: -27pt; margin-left: 63pt; color: #000000;">(i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933 (the &#8220;Securities Act&#8221;);</div>
      <div><br>
      </div>
      <div style="text-indent: -9pt; margin-left: 45pt; color: #000000;">(ii) To reflect in the prospectus any facts or events arising after the effective date of this Registration Statement (or the most recent post-effective amendment thereof) which,
        individually or in the aggregate, represent a fundamental change in the information set forth in this Registration Statement (or the most recent post-effective amendment thereto); and</div>
      <div><br>
      </div>
      <div style="text-indent: -9pt; margin-left: 45pt; color: #000000;">(iii) To include any material information with respect to the plan of distribution not previously disclosed in this Registration Statement or any material change to such information
        in this Registration Statement;</div>
      <div style="margin-left: 36pt; color: #000000;"><u>provided</u>, <u>however</u>, that paragraphs (i) and (ii) above do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic
        reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.</div>
      <div><br>
      </div>
      <div style="text-indent: 18pt; color: #000000;">(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered
        herein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</div>
      <div><br>
      </div>
      <div style="text-indent: 18pt; color: #000000;">(3) To remove from registration by means of a post-effective amendment any of the securities being registered that remain unsold at the termination of the offering.</div>
      <div><br>
      </div>
      <div style="color: #000000;">B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the
        Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration
        statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial <font style="font-style: italic;">bona fide</font> offering thereof.</div>
      <div><br>
      </div>
      <div style="color: #000000;">C. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling person of the registrant pursuant to the foregoing provisions, or otherwise, the
        registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
        liabilities (other than the payment by the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will,
        unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and
        will be governed by the final adjudication of such issue.</div>
      <div style="color: #000000;"> <br>
      </div>
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      <div style="text-align: center; color: #000000;">EXHIBITS INDEX</div>
      <div style="text-align: center; color: #000000;"> <br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zce62bf2db2344570a2186709fd3ebcd7">

          <tr>
            <td style="width: 10%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);"><u>Exhibit No.</u></div>
            </td>
            <td style="width: 90%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);"><u>Description</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="color: rgb(0, 0, 238);"><a href="https://www.sec.gov/Archives/edgar/data/810136/000114036119023041/ex3_1.htm">3.1</a></div>
            </td>
            <td style="width: 90%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="color: rgb(0, 0, 0);">Certificate of Incorporation (incorporated by reference to Exhibit 3.1 to the Registrant&#8217;s Annual Report on Form 10-K for the fiscal year ended October 31, 2019 (Commission File Number 000-15451) filed on
                December 23, 2019).</div>
            </td>
          </tr>
          <tr>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="color: rgb(0, 0, 238);"><a href="https://www.sec.gov/Archives/edgar/data/810136/000114036116079692/ex3_2.htm">3.2</a></div>
            </td>
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              <div style="color: rgb(0, 0, 0);">By-laws of the Registrant, (incorporated by reference to Exhibit 3.2 to the Registrant&#8217;s Form 8-K filed on September 13, 2016).</div>
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          <tr>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div style="color: rgb(0, 0, 255);"><a href="https://www.sec.gov/Archives/edgar/data/810136/000153949723000326/n3449_x1-def14a.htm">4.1</a></div>
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              <div style="color: rgb(0, 0, 0);">Photronics, Inc. 2016 Equity Incentive Compensation Plan (incorporated by reference to Annex A of the Registrant&#8217;s DEF 14A filed on February 21, 2023).</div>
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            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
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            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><a href="ef20017371_ex5-1.htm">5.1*</a></div>
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              <div style="color: rgb(0, 0, 0);">Opinion of Richelle E. Burr, Esq.</div>
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            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><a href="ef20017371_ex23-1.htm">23.1*</a></div>
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              <div style="color: rgb(0, 0, 0);">Consent of Deloitte &amp; Touche LLP, Independent Registered Public Accounting Firm.</div>
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            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
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            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><a href="ef20017371_ex5-1.htm">23.2*</a></div>
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              <div style="color: rgb(0, 0, 0);">Consent of Richelle E. Burr, Esq.(contained in Exhibit 5.1).</div>
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          <tr>
            <td style="width: 10%; vertical-align: top;">&#160;</td>
            <td style="width: 90%; vertical-align: top;">&#160;</td>
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            <td style="width: 10%; vertical-align: top; background-color: rgb(204, 238, 255);">
              <div><a href="#POWEROFATTORNEY">24.1*</a></div>
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              <div style="color: rgb(0, 0, 0);">Power of Attorney (contained on the Signature Page of this Registration Statement).</div>
            </td>
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      <div style="color: #000000;">*&#160; filed herewith</div>
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      <div style="text-align: center; color: #000000;">SIGNATURES</div>
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      <div style="color: #000000;">Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this
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      <div style="text-align: right; color: #000000;">PHOTRONICS, INC.</div>
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      <div style="text-align: right; color: #000000;">By: <u>&#160; /s/ Richelle E. Burr</u></div>
      <div style="text-align: right; color: #000000;">Richelle E. Burr</div>
      <div style="text-align: right; color: #000000;">Chief Administrative Officer, General Counsel</div>
      <div style="text-align: right; color: #000000;">and Secretary</div>
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      <div style="text-align: center; color: #000000;"><a name="POWEROFATTORNEY"><!--Anchor--></a>POWER OF ATTORNEY</div>
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      <div style="text-indent: 36pt; color: #000000;">KNOW ALL MEN BY THESE PRESENTS that each person whose signature appears below constitutes and appoints Richelle E. Burr, their true and lawful attorney-in-fact and agent, with full power of substitution
        and re-substitution, to act, without the other, for him and in his name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement, and to file the same, with all
        exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite and
        necessary to be done in and about the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, their substitute or substitutes may
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      <div style="text-indent: 36pt; color: #000000;">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.</div>
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            <td style="width: 33%; vertical-align: top; border-bottom: 2px solid black;">
              <div style="color: rgb(0, 0, 0);">Date</div>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
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            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Chief Executive Officer</div>
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            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Director</div>
            </td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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            <td style="width: 20%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Frank Lee</div>
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
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            </td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Executive Vice President and</div>
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            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="color: rgb(0, 0, 0);">/s/ John P. Jordan</div>
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Chief Financial Officer</div>
            </td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 20%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">John P. Jordan</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">(Principal Financial Officer)</div>
            </td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Vice President, Corporate Controller</div>
            </td>
            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="color: rgb(0, 0, 0);">/s/ Eric Rivera</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">(Principal Accounting Officer)</div>
            </td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Eric Rivera</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid black;">
              <div style="color: rgb(0, 0, 0);">Signature</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top; border-bottom: 2px solid black;">
              <div style="color: rgb(0, 0, 0);">Title</div>
            </td>
            <td style="width: 33%; vertical-align: top; border-bottom: 2px solid black;">
              <div style="color: rgb(0, 0, 0);">Date</div>
            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="color: rgb(0, 0, 0);">/s/ Constantine S. Macricostas</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Chairman of the Board</div>
            </td>
            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Constantine S. Macricostas</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="color: rgb(0, 0, 0);">/s/ Walter M. Fiederowicz</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Director</div>
            </td>
            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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            </td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Walter M. Fiederowicz</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 20%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 13%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 34%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 20%; vertical-align: top; border-bottom: 2px solid black;">
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            </td>
            <td rowspan="1" style="width: 13%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Director</div>
            </td>
            <td rowspan="1" style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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          <tr>
            <td style="width: 20%; vertical-align: top;">
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);"><br>
              </div>
            </td>
            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);"><br>
              </div>
            </td>
          </tr>
          <tr>
            <td rowspan="1" style="width: 20%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 13%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 34%; vertical-align: top;">&#160;</td>
            <td rowspan="1" style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Director</div>
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            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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            <td style="width: 20%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Daniel Liao</div>
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Director</div>
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            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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            <td style="width: 20%; vertical-align: top;">
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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          <tr>
            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
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            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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            <td style="width: 20%; vertical-align: top;">
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            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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            <td style="width: 20%; vertical-align: top;">&#160;</td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="color: rgb(0, 0, 0);">/s/ Mitchell G. Tyson</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Director</div>
            </td>
            <td style="width: 33%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">
                <div style="color: rgb(0, 0, 0);">December 22, 2023</div>
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          <tr>
            <td style="width: 20%; vertical-align: top;">
              <div style="color: rgb(0, 0, 0);">Mitchell G. Tyson</div>
            </td>
            <td style="width: 13%; vertical-align: top;">&#160;</td>
            <td style="width: 34%; vertical-align: top;">&#160;</td>
            <td style="width: 33%; vertical-align: top;">&#160;</td>
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<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>ef20017371_ex5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
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    <div>
      <div style="text-align: right; color: #000000; font-weight: bold;">Exhibit 5.1</div>
      <div><br>
      </div>
      <div>
        <div style="color: #000000;">Photronics, Inc.</div>
        <div style="color: #000000;">15 Secor Road</div>
        <div style="color: #000000;">Brookfield, CT 06804</div>
        <div><br>
        </div>
        <div style="color: #000000;">Re: Photronics, Inc. Registration Statement on Form S-8, filed on December 22, 2023 (the &#8220;Registration Statement&#8221;)</div>
        <div><br>
        </div>
        <div style="color: #000000;">Ladies and Gentlemen:</div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-indent: 36pt; color: #000000;">I am furnishing this opinion of counsel to Photronics, Inc., a Connecticut corporation (the &#8220;Company&#8221;), for filing as Exhibit 5.1 to the Registration Statement relating to the issuance of up to
          1,000,000 shares of the Company&#8217;s common stock, par value $0.01 per share (the &#8220;EICP Shares&#8221;) pursuant to the Photronics, Inc. 2016 Equity Incentive Compensation Plan, as approved at the Annual Meeting of Shareholders on March 16, 2023 (the &#8220;EICP
          Plan&#8221;).</div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-align: justify; text-indent: 36pt; color: #000000;">For purposes of rendering this opinion, I have examined the EICP Plan, the Certificate of Incorporation, as amended, and Bylaws of the Company as restated, and the originals, or
          copies certified or otherwise identified to my satisfaction, of records of corporate proceedings of the Company, certificates of public officials and of representatives of the Company, and such other documents and records as I deemed necessary.&#160;
          In such examination I have assumed the genuineness of all signatures, the authenticity of all corporate records and other documents submitted to me as originals and the conformity to original documents of documents submitted to me as certified or
          photostatic copies.</div>
      </div>
      <div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-indent: 36pt; color: #000000;">Based upon my examination as aforesaid, and in reliance upon my examination of such questions of law as I deemed relevant under the circumstances, I am of the opinion that:</div>
        <div><br>
        </div>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z32718f87b68e4c3e95b60c2d1cf805ea">

            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; color: #000000;">1.</td>
              <td style="width: auto; vertical-align: top;">
                <div style="color: #000000;">The Company is a corporation duly incorporated and legally existing under the laws of the State of Connecticut.</div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <div><br>
        </div>
      </div>
      <div>
        <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z8c083e9b474546c7b5ba6839b977d47b">

            <tr>
              <td style="width: 54pt;"><br>
              </td>
              <td style="width: 18pt; vertical-align: top; color: #000000;">2.</td>
              <td style="width: auto; vertical-align: top;">
                <div style="color: #000000;">The EICP Shares to be issued upon the exercise of stock options and the grant of restricted stock in accordance with the terms of the EICP Plan will be duly authorized and validly issued, and will be fully paid
                  and non-assessable when stock options shall have been properly exercised and the exercise price shall have been paid for the EICP Shares in accordance with the terms of the EICP Plan.</div>
              </td>
            </tr>

        </table>
      </div>
      <div>
        <div><br>
        </div>
      </div>
      <div>
        <div style="text-indent: 36pt; color: #000000;">I hereby consent to the filing of this opinion of counsel as Exhibit 5.1 to the Registration Statement.&#160; In giving the foregoing consent, I do not thereby admit that I belong to the category of
          persons whose consent is required under Section 7 of the Securities Act, or the rules and regulations promulgated by the Commission thereunder.&#160; Please note that I am Executive Vice President, Chief Administrative Officer, General Counsel and
          Secretary of the Company and hold 80,500 options to purchase shares of the Company&#8217;s common stock, 231,092 shares of restricted stock including shares purchased through the Company&#8217;s Employee Stock Purchase Plan.</div>
        <div><br>
        </div>
      </div>
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z76531fca64db427aa727890b67c2142c">

          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="color: #000000;">Very truly yours,</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="color: #000000;"><u>/s/ Richelle E. Burr</u></div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="color: #000000;">Richelle E. Burr</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="color: #000000;">Executive Vice President, Chief Administrative Officer, General Counsel and Secretary</div>
            </td>
          </tr>
          <tr>
            <td style="width: 50%; vertical-align: top;">&#160;</td>
            <td style="width: 50%; vertical-align: top;">
              <div style="color: #000000;">Photronics, Inc.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div><br>
      </div>
      <div>
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.1
<SEQUENCE>3
<FILENAME>ef20017371_ex23-1.htm
<DESCRIPTION>EXHIBIT 23.1
<TEXT>
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  <head>
    <title></title>
    <!-- Licensed to: Summit, a Broadridge Company
         Document created using Broadridge PROfile 23.12.1.5186
         Copyright 1995 - 2023 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
    <div>
      <div style="text-align: right; color: #000000; font-weight: bold;">Exhibit 23.1</div>
      <div><br>
      </div>
      <div style="text-align: center; color: #000000;">CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</div>
      <div><br>
      </div>
      <div style="text-align: justify; color: #000000;">We consent to the incorporation by reference in this Registration Statement on Form S-8 of our reports dated December 22, 2023, relating to the
        financial statements of Photronics, Inc. and the effectiveness of Photronics Inc.'s internal control over financial reporting, appearing in the Annual Report on Form 10-K of Photronics, Inc. for the year ended October 31, 2023.</div>
      <div><br>
      </div>
      <div style="text-align: justify; color: #000000;">/s/ Deloitte &amp; Touche LLP</div>
      <div style="text-align: justify; color: #000000;">Hartford, Connecticut</div>
      <div style="text-align: justify; color: #000000;">December&#160; 22, 2023</div>
      <div style="text-align: justify; color: #000000;"> <br>
      </div>
      <div style="text-align: justify; color: #000000;"> <br>
      </div>
      <div style="text-align: justify; color: #000000;">
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"> </div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-FILING FEES
<SEQUENCE>4
<FILENAME>ef20017371_ex107.htm
<DESCRIPTION>EXHIBIT 107
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Summit, a Broadridge Company
         Document created using Broadridge PROfile 23.12.1.5186
         Copyright 1995 - 2023 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman'; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <hr noshade="noshade" align="center" style="height: 4px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;">
    <div>
      <div style="text-align: right; color: #000000; font-weight: bold;">Exhibit 107</div>
      <div><br>
      </div>
      <div style="text-align: center; font-weight: bold;">Calculation of Filing Fee Table</div>
      <div><br>
      </div>
      <div style="text-align: center; font-weight: bold;">Form S-8</div>
      <div style="text-align: center;">(Form Type)</div>
      <div><br>
      </div>
      <div style="text-align: center; font-weight: bold;">Photronics, Inc.</div>
      <div style="text-align: center;">(Exact Name of Registrant as Specified in its Charter)</div>
      <div><br>
      </div>
      <div style="text-align: center;"><u>Table 1: Newly Registered Securities</u></div>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" border="0" id="z51e2462af38d4bfb99096af0460cff28" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

          <tr>
            <td style="width: 9.11%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Security</div>
              <div style="text-align: center; font-weight: bold;">Type</div>
            </td>
            <td style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Security Class Title(1)</div>
            </td>
            <td style="width: 13.26%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Fee</div>
              <div style="text-align: center; font-weight: bold;">Calculation or Carry Forward</div>
              <div style="text-align: center; font-weight: bold;">Rule</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Amount</div>
              <div style="text-align: center; font-weight: bold;">Registered (2)</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Proposed</div>
              <div style="text-align: center; font-weight: bold;">Maximum</div>
              <div style="text-align: center; font-weight: bold;">Offering Price</div>
              <div style="text-align: center; font-weight: bold;">Per Unit (3)</div>
            </td>
            <td nowrap="nowrap" style="width: 14.68%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Proposed</div>
              <div style="text-align: center; font-weight: bold;">Maximum</div>
              <div style="text-align: center; font-weight: bold;">Aggregate</div>
              <div style="text-align: center; font-weight: bold;">Offering Price</div>
            </td>
            <td style="width: 17.71%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Fee Rate</div>
            </td>
            <td nowrap="nowrap" style="width: 12.15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-top: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; font-weight: bold;">Amount of</div>
              <div style="text-align: center; font-weight: bold;">Registration </div>
              <div style="text-align: center; font-weight: bold;">Fee</div>
            </td>
          </tr>
          <tr>
            <td style="width: 9.11%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center; text-indent: -12pt; margin-left: 12pt;">Equity</div>
            </td>
            <td style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div>Common stock, par value $0.01 per share</div>
            </td>
            <td style="width: 13.26%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">Rule 457(c) and Rule 457(h)</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-right: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">1,000,000</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">$29.99</div>
            </td>
            <td nowrap="nowrap" style="width: 14.68%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">$29,990,000</div>
            </td>
            <td style="width: 17.71%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">.00014760 per $1,000,000.00</div>
            </td>
            <td style="width: 12.15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">$4,426.52</div>
            </td>
          </tr>
          <tr>
            <td style="width: 44.33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" colspan="4">
              <div>&#160;</div>
              <div style="text-align: center;">Total Offering Amounts</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td nowrap="nowrap" style="width: 14.68%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">$29,990,000</div>
            </td>
            <td style="width: 17.71%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">
                <div>$4,426.52</div>
              </div>
            </td>
          </tr>
          <tr>
            <td style="width: 44.33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" colspan="4">
              <div style="text-align: center;">Total Fees Previously Paid</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td nowrap="nowrap" style="width: 14.68%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 17.71%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">-</div>
            </td>
          </tr>
          <tr>
            <td style="width: 44.33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" colspan="4">
              <div style="text-align: center;">Total Fee Offsets</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td nowrap="nowrap" style="width: 14.68%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 17.71%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">-</div>
            </td>
          </tr>
          <tr>
            <td style="width: 44.33%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);" colspan="4">
              <div style="text-align: center;">Net Fee Due</div>
            </td>
            <td nowrap="nowrap" style="width: 10.93%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0); border-right: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td nowrap="nowrap" style="width: 14.68%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 17.71%; vertical-align: bottom; border-left: 2px solid rgb(0, 0, 0); border-bottom: 2px solid rgb(0, 0, 0);">&#160;</td>
            <td style="width: 12.15%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
              <div style="text-align: center;">
                <div>$4,426.52</div>
              </div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <table cellspacing="0" cellpadding="0" id="z337f03c4062f4ace80ee96db2a16b2c5" style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

          <tr>
            <td style="width: 3.34%; vertical-align: top;">
              <div>(1)</div>
            </td>
            <td style="width: 96.66%; vertical-align: top;">
              <div>The shares of common stock, par value $0.01 per share (the &#8220;Common Stock&#8221;), of Photronics, Inc. (the &#8220;Registrant&#8221;) being registered relate to awards being undertaken in the future, with such terms and vesting conditions, as applicable,
                to be determined in accordance with the provisions of the 2016 Equity Incentive Compensation Plan (amended and current as of March 16, 2023) (the &#8220;Plan&#8221;).</div>
            </td>
          </tr>
          <tr>
            <td style="width: 3.34%; vertical-align: top;">
              <div>(2)</div>
            </td>
            <td style="width: 96.66%; vertical-align: top;">
              <div>Pursuant to Rule 416(a) under the Securities Act of 1933, as amended, this Registration Statement covers any additional securities as may hereinafter be offered or issued to prevent dilution resulting from stock splits, stock dividends,
                recapitalizations, or other capital adjustments for similar transactions.</div>
            </td>
          </tr>
          <tr>
            <td style="width: 3.34%; vertical-align: top;">
              <div>(3)</div>
            </td>
            <td style="width: 96.66%; vertical-align: top;">
              <div>Estimated solely for the purpose of determining the registration fee pursuant to Rules 457(c) and 457(h) under the Securities Act solely for purposes of calculating the registration fee.&#160; The fee is computed based upon $[&#8226;], which
                represents the average of the high and low prices of the Registrant&#8217;s Common Stock on [&#8226;], 2023, as reported on The Nasdaq Global Select Market LLC.</div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div><br>
      </div>
      <div>
        <hr noshade="noshade" align="center" style="height: 2px; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;"></div>
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</DOCUMENT>
</SEC-DOCUMENT>
