<SEC-DOCUMENT>0001140361-24-023724.txt : 20240501
<SEC-HEADER>0001140361-24-023724.hdr.sgml : 20240501
<ACCEPTANCE-DATETIME>20240501162122
ACCESSION NUMBER:		0001140361-24-023724
CONFORMED SUBMISSION TYPE:	SD
PUBLIC DOCUMENT COUNT:		1
<RULE>
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FILED AS OF DATE:		20240501
DATE AS OF CHANGE:		20240501

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:		SD
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39063
		FILM NUMBER:		24903347

	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>SD
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<DESCRIPTION>SD
<TEXT>
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    <div style="text-align: center; color: #000000; font-size: 14pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; color: #000000; font-size: 14pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; color: #000000; font-size: 12pt; font-weight: bold;">Washington, D.C. 20549</div>
    <div style="text-align: center; color: #000000; font-weight: bold;">&#160;</div>
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    <div style="text-align: center; color: #000000; font-size: 18pt; font-weight: bold;">FORM SD</div>
    <div style="text-align: center; color: #000000; font-weight: bold;">SPECIALIZED DISCLOSURE REPORT</div>
    <div style="text-align: center; color: #000000; font-weight: bold;">&#160;</div>
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    <div style="color: #000000;">&#160;</div>
    <div style="text-align: center; color: #000000; font-size: 24pt; font-weight: bold;">PHOTRONICS, INC.</div>
    <div style="text-align: center; color: #000000;">(Exact name of registrant as specified in its charter)</div>
    <div style="text-align: center; color: #000000; font-weight: bold;">&#160;</div>
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            <div style="text-align: center; color: #000000; font-weight: bold;">Connecticut</div>
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            <div style="text-align: center; color: #000000; font-weight: bold;">&#160;</div>
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            <div style="text-align: center; color: #000000; font-weight: bold;">000-15451</div>
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            <div style="text-align: center; color: #000000;">(State or other jurisdiction of incorporation)</div>
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            <div style="text-align: center; color: #000000;">(Commission File Number)</div>
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            <div style="text-align: center; color: #000000; font-weight: bold;">15 Secor Road</div>
            <div style="text-align: center; color: #000000; font-weight: bold;">Brookfield, CT 06804</div>
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            <div style="text-align: center; color: #000000; font-weight: bold;">06804</div>
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            <div style="text-align: center; color: #000000;">(Address of principle executive offices)&#160;</div>
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          <td style="width: 2.94%; vertical-align: top;">&#160;</td>
          <td style="width: 47.06%; vertical-align: top;">
            <div style="text-align: center; color: #000000;">(Zip Code)</div>
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    <div style="text-align: center; color: #000000;">Richelle E. Burr</div>
    <div style="text-align: center; color: #000000;">(203) 775-9000</div>
    <div style="text-align: center; color: #000000;">(Name and telephone number, including area code, of the person to contact in connection with this report)</div>
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    <div style="text-align: center; color: #000000;">Check the appropriate box to indicate the rule pursuant to which this form is being filed:</div>
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          <td style="width: 5.77%; vertical-align: top;">&#9746;</td>
          <td style="width: 94.23%; vertical-align: top;">
            <div style="color: #000000;">Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from&#160;January 1 to December 31, 2023.</div>
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            <div style="color: #000000;">Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended ______.</div>
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      <div style="color: #000000; font-weight: bold;">Section 1 &#8211; Conflict Minerals Disclosure</div>
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    <div style="font-weight: bold;"><font style="color: #000000;">Item 1.01</font>&#160;<font style="color: #000000;">&#160; &#160; Conflict Minerals Disclosure and Report</font></div>
    <div>
      <div><br>
      </div>
      <div style="color: #000000;"><u>Conflict Minerals Disclosure</u></div>
    </div>
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    </div>
    <div>In order to comply with Rule 13p-1 (17 CFR 240.13p-1) under Section 13(p) of the Securities Exchange Act of 1934, as amended, Photronics, Inc. (the &#8220;Company&#8221;) submits this &#167; 249b.400 Form SD, specialized disclosure report (&#8220;Form SD&#8221;). As defined
      in Form SD, the term &#8220;conflict mineral&#8221; means columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives, which are limited to tantalum, tin, and tungsten, or any other mineral or its derivatives determined by the Secretary of
      State to be financing conflict in the Democratic Republic of the Congo or an adjoining country (as defined in Form SD).</div>
    <div><br>
    </div>
    <div>The Company has determined that tantalum is a conflict mineral which is necessary to the functionality or production of certain products manufactured by the Company.</div>
    <div><br>
    </div>
    <div>The Company has conducted a good faith, reasonable country of origin inquiry with respect to the tantalum used in the Company&#8217;s products for the calendar year ended December 31, 2023, which such inquiry was reasonably designed to determine whether
      any of the conflict minerals originated in the Democratic Republic of the Congo or any adjoining country (as defined in Form SD). Based on this country of origin inquiry, the Company has no reason to believe that any of the tantalum necessary to the
      functionality or production of products manufactured by the Company in 2023 originated in the Democratic Republic of the Congo or any adjoining country (as defined in Form SD)&#160;unless they originated from recycled or scrap sources (as defined in Form
      SD) or from sources which have been assessed and approved by independent, internationally recognized, and reputable third parties as conflict free.</div>
    <div><br>
    </div>
    <div>In order to make its determination with respect to the country of origin of its tantalum, the Company undertook the following inquiry:</div>
    <div><br>
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              <div>Identified all suppliers of tantalum to the Company;</div>
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              <div style="text-align: left;">&#8226;</div>
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              <div>Provided all such suppliers with a Conflict Mineral Reporting Template developed by the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), a global&#160;non-governmental&#160;organization in the area of responsible
                minerals sourcing, and asked suppliers to indicate whether any conflict minerals included in any component manufactured or contracted to be manufactured for the Company originated in the Democratic Republic of the Congo or any adjoining
                country (as defined in Form SD), and if so, whether such conflict minerals were from recycled or scrap sources (as defined in Form SD), whether they have identified all of the smelters supplying conflict minerals in their supply chain, and
                asked suppliers to provide a list of the smelters used by the supplier or their suppliers, the locations of such smelters&#8217; facilities, and whether those smelters have been certified as a &#8220;Conflict-Free Smelter&#8221; by the Responsible Minerals
                Initiative; and</div>
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              <div style="text-align: left;">&#8226;</div>
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              <div>Obtained a representation letter from all of the Company&#8217;s suppliers certifying that such suppliers&#8217; tantalum (i) did not originate in the Democratic Republic of Congo or any adjoining country (as defined in Form SD) or (ii) came from
                recycled or scrap sources (as defined in Form SD), or from sources which have been assessed and approved by independent, internationally recognized, and reputable third parties as conflict free.</div>
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    <div>This conflict minerals disclosure is available on the Company&#8217;s website at www.photronics.com under &#8220;Investors&#8212;Corporate Governance &amp; Social Responsibility.&#8221;</div>
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    <div style="font-weight: bold;">Item 1.02 <font style="color: #000000;">&#160; &#160; </font>Exhibit</div>
    <div><br>
    </div>
    <div>Not applicable.</div>
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      <div style="color: #000000; font-weight: bold;">Section 2 &#8211; Resource Extraction Issuer Disclosure</div>
      <div><br>
      </div>
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    <div style="font-weight: bold;"><font style="color: #000000;">Item 2.01</font>&#160;<font style="color: #000000;">&#160; &#160; Resource Extraction Issuer Disclosure and Report</font></div>
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      <div><br>
      </div>
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    <div>Not applicable.</div>
    <div>&#160;</div>
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      <div style="color: #000000; font-weight: bold;">Section 3 &#8211; Exhibits<a name="Section_2___Exhibits"></a></div>
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      </div>
      <div style="color: #000000; font-weight: bold;">Item 3.01&#160; &#160;&#160; Exhibits</div>
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    <div>No exhibit is filed as part of this report.</div>
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    <div style="text-align: center; color: #000000; font-weight: bold;">SIGNATURE</div>
    <div>&#160;</div>
    <div style="text-align: justify; text-indent: 36pt; color: #000000;">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 duly authorized undersigned.</div>
    <div>&#160;</div>
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            <div style="color: #000000; font-weight: bold;">PHOTRONICS, INC.</div>
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            <div style="color: #000000;">&#160;</div>
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            <div style="text-align: justify; color: #000000;">By:&#160;</div>
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            <div style="text-align: center; color: #000000;">/s/&#160;Richelle E. Burr</div>
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            <div style="color: #000000;">&#160;</div>
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          <td style="width: 36.79%; vertical-align: top;">
            <div style="text-align: center; color: #000000;">Richelle E. Burr&#160;&#160;</div>
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            <div style="color: #000000;">&#160;</div>
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            <div style="text-align: justify; color: #000000;">&#160;</div>
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          <td style="width: 36.79%; vertical-align: top;">
            <div style="text-align: center; color: #000000;">Executive Vice President, Chief Administrative Officer, General Counsel and Secretary</div>
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          <td style="width: 9.8%; vertical-align: top;">
            <div style="color: #000000;">&#160;</div>
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    <div>&#160;</div>
    <div style="text-align: justify; color: #000000;">Date: May 1, 2024</div>
    <div>&#160;</div>
    <div>&#160;</div>
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