AI assistant
DYCOM INDUSTRIES INC — Director's Dealing 2022
Mar 31, 2022
30704_dirs_2022-03-30_fd6bd171-375b-455a-8194-e04a8289a3af.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: DYCOM INDUSTRIES INC (DY)
CIK: 0000067215
Period of Report: 2022-03-28
Reporting Person: NIELSEN STEVEN E (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-28 | Restricted Stock Units | A | 6816.00 | $0.00 | Acquired | 689369.00 | Direct |
| 2022-03-30 | Common Stock | A | 6483.00 | $0.00 | Acquired | 695852.00 | Direct |
| 2022-03-30 | Common Stock | F | 3130.00 | $97.34 | Disposed | 692722.00 | Direct |
| 2022-03-30 | Common Stock | M | 1.00 | $45.94 | Acquired | 692723.00 | Direct |
| 2022-03-30 | Common Stock | M | 1.00 | $25.15 | Acquired | 692724.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-28 | Stock Option (Right to Buy) | $97.49 | A | 22383.00 | Acquired | 2032-03-28 | Common Stock (22383.00) | Direct |
| 2022-03-30 | Employee stock option (right to buy) | $45.94 | M | 1.00 | Disposed | 2029-03-29 | Common Stock (1.00) | Direct |
| 2022-03-30 | Stock Option (Right to Buy) | $25.15 | M | 1.00 | Disposed | 2030-03-27 | Common Stock (1.00) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to acquire one (1) share of Dycom Industries, Inc. common stock par value $0.33 1/3 per share ("DY common stock").
F2: The restricted stock units vest in four equal annual installments beginning March 30, 2023.
F3: No consideration was paid for the restricted stock units.
F4: Represents shares of DY common stock acquired upon the settlement of restricted stock units ("RSUs") on March 30, 2022. 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.
F5: Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.
F6: No consideration was paid for the derivative security.
F7: The option vests in four substantially equal annual installments beginning on March 28, 2023.
F8: The option vests in four substantially equal annual installments beginning on March 29, 2020.
F9: The option vests in four equal annual installments beginning on March 27, 2021.