DYCOM INDUSTRIES INC — Director's Dealing 2020

Jun 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DYCOM INDUSTRIES INC (DY)
CIK: 0000067215
Period of Report: 2020-06-04

Reporting Person: NIELSEN STEVEN E (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-03	Common Stock	G	4474.00	$0.00	Disposed	703813.00	Direct
2020-06-04	Common Stock	M	75000.00	$13.88	Acquired	778813.00	Direct
2020-06-04	Common Stock	M	57110.00	$19.56	Acquired	835923.00	Direct
2020-06-04	Common Stock	M	55681.00	$18.67	Acquired	891604.00	Direct
2020-06-04	Common Stock	S	89232.00	$42.07	Disposed	802372.00	Direct
2020-06-04	Common Stock	S	60817.00	$42.79	Disposed	741555.00	Direct
2020-06-04	Common Stock	S	30723.00	$43.99	Disposed	710832.00	Direct
2020-06-04	Common Stock	S	7019.00	$44.61	Disposed	703813.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-04	Employee stock option (right to buy)	$13.88	M	75000.00	Disposed	2020-12-17	Common Stock (75000.00)	Direct
2020-06-04	Employee stock option (right to buy)	$19.56	M	57110.00	Disposed	2021-12-14	Common Stock (57110.00)	Direct
2020-06-04	Employee stock option (right to buy)	$18.67	M	55681.00	Disposed	2022-12-14	Common Stock (55681.00)	Direct

Footnotes

F1: This price is a weighted average price. 89,232 shares were sold in multiple transactions at prices ranging from $41.38 to $42.38, inclusive. The reporting person undertakes to provide to Dycom Industries, Inc., any security holder of Dycom Industries, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1 - 4.

F2: This price is a weighted average price. 60,817 shares were sold in multiple transactions at prices ranging from $42.39 to $43.38, inclusive.

F3: This price is a weighted average price. 30,723 shares were sold in multiple transactions at prices ranging from $43.40 to $44.40, inclusive.

F4: This price is a weighted average price. 7,019 shares were sold in multiple transactions at prices ranging from $44.41 to $45.21, inclusive.

F5: No consideration was paid for the derivative security.

F6: The option vested in four substantially equal annual installments beginning on December 17, 2011.

F7: The option vested in four substantially equal annual installments beginning on December 15, 2012.

F8: The option vested in four substantially equal annual installments beginning on December 14, 2013.