zk1211559.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
 
For the Month of May 2012
 
CAMTEK LTD.
(Translation of Registrant’s Name into English)
 
Ramat Gavriel Industrial Zone
P.O. Box 544
Migdal Haemek 23150
ISRAEL
(Address of Principal Corporate Offices)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F x Form 40-F o
 
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities and Exchange Act of 1934.
 
Yes o No x
 
 
 
 
 
SIGNATURE
 
        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, thereunto duly authorized.
 
   
CAMTEK LTD.
(Registrant)
 
By: /s/ Moshe Eisenberg
——————————————
Moshe Eisenberg,
Chief Financial Officer

Dated: May 31, 2012
 
 
 
 
 
The Company’s parent Company, Priortech Ltd. (“Priortech”), which is a publicly traded company on the Tel-Aviv Stock Exchange, is required to implement, as of January 1, 2007, Accounting Standard No. 30 of the Israel Accounting Standard Board (the “Standard”).
 
Details regarding the Standard and its implementation, as reflected on Priortech’s consolidated statements for the years 2007 to 2011 were given in the Company’s previous reports concerning the Standard.
 
The net amount of capitalized development expenses reflected on Priortech’s consolidated statements for the three-month period ended March 31, 2012 is US$(192) thousands.
 
Another item of disclosure on Priortech’s reports reflects the fact that on March 31, 2012, Camtek was engaged in hedging transactions in US Dollars on the NIS exchange rate. The open hedging transactions as of March 31, 2012, are displayed in the following table:
 
Base Amount Deal Type Expiry Date Trade Date Spot Bank Evaluation (USD)
300,000
Sold Eu.Opt
25/04/2012
27/06/2011
3.4650
-3,249
300,000
Sold Eu.Opt
25/04/2012
08/08/2011
3.5450
-1,703
-300,000
Bought Eu.Opt
25/04/2012
08/08/2011
3.5450
632
-300,000
Bought Eu.Opt
25/04/2012
27/06/2011
3.4650
-
300,000
Sold Eu.Opt
25/04/2012
16/06/2011
3.4900
-3,249
-300,000
Bought Eu.Opt
25/04/2012
16/06/2011
3.4900
-
300,000
Sold Eu.Opt
25/04/2012
03/08/2011
3.4650
-3,249
-300,000
Bought Eu.Opt
25/04/2012
03/08/2011
3.4650
-
300,000
Sold Eu.Opt
25/04/2012
23/11/2011
3.7600
-120
-300,000
Bought Eu.Opt
25/04/2012
23/11/2011
3.7600
1,620
-400,000
Bought Eu.Opt
25/04/2012
13/07/2011
3.4500
-
300,000
Sold Eu.Opt
25/04/2012
30/08/2011
3.5700
-2,442
 
 
 
 
-300,000
Bought Eu.Opt
25/04/2012
30/08/2011
3.5700
1
400,000
Sold Eu.Opt
25/04/2012
12/09/2011
3.7200
-163
-400,000
Bought Eu.Opt
25/04/2012
12/09/2011
3.7200
324
400,000
Sold Eu.Opt
25/04/2012
13/07/2011
3.4500
-3,257
300,000
Sold Eu.Opt
29/05/2012
23/11/2011
3.7600
-820
-300,000
Bought Eu.Opt
29/05/2012
23/11/2011
3.7600
2,894
300,000
Sold Eu.Opt
29/05/2012
30/08/2011
3.5700
-4,054
-300,000
Bought Eu.Opt
29/05/2012
30/08/2011
3.5700
57
-300,000
Bought Eu.Opt
29/05/2012
03/08/2011
3.4650
4
400,000
Sold Eu.Opt
29/05/2012
13/07/2011
3.4500
-4,944
-400,000
Bought Eu.Opt
29/05/2012
13/07/2011
3.4500
5
300,000
Sold Eu.Opt
29/05/2012
27/06/2011
3.4650
-4,843
-300,000
Bought Eu.Opt
29/05/2012
27/06/2011
3.4650
4
300,000
Sold Eu.Opt
29/05/2012
16/06/2011
3.4900
-4,843
-300,000
Bought Eu.Opt
29/05/2012
08/08/2011
3.5450
1,251
300,000
Sold Eu.Opt
29/05/2012
03/08/2011
3.4650
-4,843
-300,000
Bought Eu.Opt
29/05/2012
16/06/2011
3.4900
11
300,000
Sold Eu.Opt
29/05/2012
08/08/2011
3.5450
-2,863
300,000
Sold Eu.Opt
27/06/2012
27/06/2011
3.4650
-5,991
-300,000
Bought Eu.Opt
27/06/2012
27/06/2011
3.4650
31
300,000
Sold Eu.Opt
27/06/2012
16/06/2011
3.4900
-5,991
-300,000
Bought Eu.Opt
27/06/2012
16/06/2011
3.4900
66
300,000
Sold Eu.Opt
27/06/2012
23/11/2011
3.7600
-1,515
-300,000
Bought Eu.Opt
27/06/2012
23/11/2011
3.7600
3,682
300,000
Sold Eu.Opt
27/06/2012
30/08/2011
3.5700
-5,214
-300,000
Bought Eu.Opt
27/06/2012
30/08/2011
3.5700
203
 
 
 
 
 
300,000
Sold Eu.Opt
27/06/2012
08/08/2011
3.5450
-3,643
-300,000
Bought Eu.Opt
27/06/2012
08/08/2011
3.5450
1,691
300,000
Sold Eu.Opt
27/06/2012
03/08/2011
3.4650
-5,795
-300,000
Bought Eu.Opt
27/06/2012
03/08/2011
3.4650
31
400,000
Sold Eu.Opt
27/06/2012
13/07/2011
3.4500
-6,052
-400,000
Bought Eu.Opt
27/06/2012
13/07/2011
3.4500
41
500,000
Sold Eu.Opt
27/07/2012
23/11/2011
3.7600
-3,502
-500,000
Bought Eu.Opt
27/07/2012
23/11/2011
3.7600
7,494
400,000
Sold Eu.Opt
27/07/2012
06/09/2011
3.6500
-5,411
-400,000
Bought Eu.Opt
27/07/2012
06/09/2011
3.6500
1,682
300,000
Sold Eu.Opt
27/07/2012
30/08/2011
3.5700
-6,351
-300,000
Bought Eu.Opt
27/07/2012
30/08/2011
3.5700
466
300,000
Sold Eu.Opt
27/07/2012
08/08/2011
3.5450
-4,520
-300,000
Bought Eu.Opt
27/07/2012
08/08/2011
3.5450
2,148
300,000
Sold Eu.Opt
27/07/2012
03/08/2011
3.4650
-6,387
-300,000
Bought Eu.Opt
27/07/2012
03/08/2011
3.4650
108
500,000
Sold Eu.Opt
29/08/2012
23/11/2011
3.7600
-4,682
-500,000
Bought Eu.Opt
29/08/2012
23/11/2011
3.7600
8,785
400,000
Sold Eu.Opt
29/08/2012
06/09/2011
3.6500
-6,739
-400,000
Bought Eu.Opt
29/08/2012
06/09/2011
3.6500
2,482
300,000
Sold Eu.Opt
29/08/2012
30/08/2011
3.5700
-7,412
-300,000
Bought Eu.Opt
29/08/2012
30/08/2011
3.5700
799
-500,000
Bought Eu.Opt
24/09/2012
23/11/2011
3.7600
9,650
400,000
Sold Eu.Opt
24/09/2012
06/09/2011
3.6500
-7,698
-400,000
Bought Eu.Opt
24/09/2012
06/09/2011
3.6500
3,123
500,000
Sold Eu.Opt
24/09/2012
23/11/2011
3.7600
-5,633
 
 
 
 
 
-500,000
Bought Eu.Opt
29/10/2012
05/01/2012
3.8550
14,426
500,000
Sold Eu.Opt
29/10/2012
05/01/2012
3.8550
-4,231
-500,000
Bought Eu.Opt
28/11/2012
05/01/2012
3.8550
15,212
500,000
Sold Eu.Opt
28/11/2012
05/01/2012
3.8550
-5,050
-500,000
Bought Eu.Opt
27/12/2012
05/01/2012
3.8550
15,888
500,000
Sold Eu.Opt
27/12/2012
05/01/2012
3.8550
-5,806
200,000
Sold Eu.Opt
29/08/2012
29/08/2011
3.5700
-1,015
-200,000
Bought Eu.Opt
29/08/2012
29/08/2011
3.5700
3,514
-300,000
Bought Eu.Opt
24/09/2012
06/03/2012
3.8110
5,790
300,000
Sold Eu.Opt
24/09/2012
06/03/2012
3.8110
-1,859
-500,000
Bought Eu.Opt
29/10/2012
28/02/2012
3.8100
10,730
500,000
Sold Eu.Opt
29/10/2012
28/02/2012
3.8100
-4,861
-200,000
Bought Eu.Opt
29/10/2012
06/03/2012
3.8110
4,853
200,000
Sold Eu.Opt
29/10/2012
06/03/2012
3.8110
-1,814
-500,000
Bought Eu.Opt
27/11/2012
28/02/2012
3.8100
11,521
500,000
Sold Eu.Opt
27/11/2012
28/02/2012
3.8100
-5,544
-200,000
Bought Eu.Opt
27/11/2012
06/03/2012
3.8110
5,460
200,000
Sold Eu.Opt
27/11/2012
06/03/2012
3.8110
-2,218
-500,000
Bought Eu.Opt
25/12/2012
28/02/2012
3.8100
12,222
500,000
Sold Eu.Opt
25/12/2012
28/02/2012
3.8100
-6,137
-200,000
Bought Eu.Opt
27/12/2012
06/03/2012
3.8110
5,746
200,000
Sold Eu.Opt
27/12/2012
06/03/2012
3.8110
-2,486
400,000
Forward
06/04/2012
29/03/2012
3.7270
1,741