DYCOM INDUSTRIES INC — Director's Dealing 2020

Sep 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYCOM INDUSTRIES INC (DY)
CIK: 0000067215
Period of Report: 2020-09-11

Reporting Person: NIELSEN STEVEN E (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-05	Common Stock	G	21000.00	$0.00	Disposed	682813.00	Direct
2020-09-11	Common Stock	A	338.00	$0.00	Acquired	683151.00	Direct

Footnotes

F1: Gift to the Margaret Ellen Nielsen Foundation, a charitable foundation of which Mr. Nielsen is President and a Director. Mr. Nielsen disclaims beneficial ownership of all shares of common stock held by the foundation.

F2: Represents shares of DY common stock acquired upon the settlement of restricted stock units ("RSUs") on September 11, 2020. Each RSU represents a contingent right to acquire one share of DY common stock upon the satisfaction of pre-established performance measures set forth in the award documents. The annual performance measures are based on (i) operating earnings and (ii) the ratio of operating cash flow to net income, in each case before certain items.

F3: No consideration was paid for the restricted stock units.