PHOTRONICS, INC. - Form 8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549


FORM 8-K


CURRENT REPORT
Pursuant To Section 13 OR 15(d) Of The Securities Exchange Act Of 1934

Date of report (Date of earliest event reported)      May 7, 2003     


                       PHOTRONICS, INC.                        
 (Exact name of registrant as specified in its charter)

          Connecticut          

   

              0-15451            

   

          06-0854886          

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification Number)

 

     15 Secor Road, Brookfield, CT      

   

     06804     

(Address of Principal Executive Offices)

(Zip Code)

Registrant's Telephone Number, including area code      (203) 775-9000     


                                                                                                                                      
(Former name or former address, if changed since last report)

Item 5.

 

Other Events


On May 7, 2003, the Company issued a press release announcing its intention to exercise its optional right to redeem the remaining $62 million outstanding of its 6% Convertible Subordinated Notes ("Notes") due 2004.  A copy of the press release is attached to this 8-K.

   

Item 7.

 

Financial Statements and Exhibits

(c)

 

Exhibits

      

 

99.1

Press Release dated May 7, 2003.



SIGNATURES

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.

      

      

                 PHOTRONICS, INC.                 

(Registrant)




DATE: May 7, 2003          

 

    

   

          BY: /s/ Sean T. Smith                                   

  

  

                 Sean T. Smith

  

  

                 Vice President and Chief Financial Officer

PHOTRONICS, INC.


EXHIBIT INDEX

Exhibit No.

 

Subject Matter

99.1

Press Release dated May 7, 2003.