SEC Form 4 · accession 0001019687-15-001083
DYCOM INDUSTRIES INC · DY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy R Estes
Officer — Executive VP & COO
Period of report
Mar 20, 2015
Accepted (ET)
Mar 24, 2015 · 9:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000067215
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 20, 2015 | M | 49,453 | $13.88 | A | 269,093 | D | |
| Common StockF1 | Mar 20, 2015 | F | 31,220 | $47.011 | D | 237,873 | D | |
| Common StockF1 | Mar 20, 2015 | S | 18,233 | $47.011 | D | 219,640 | D | |
| Common Stock | Mar 23, 2015 | M | 15,547 | $13.88 | A | 235,187 | D | |
| Common StockF2 | Mar 23, 2015 | F | 9,802 | $47.276 | D | 225,385 | D | |
| Common StockF2 | Mar 23, 2015 | S | 5,745 | $47.276 | D | 219,640 | D | |
| Common Stock | Mar 23, 2015 | M | 20,000 | $8.55 | A | 239,640 | D | |
| Common StockF2 | Mar 23, 2015 | F | 6,862 | $47.276 | D | 232,778 | D | |
| Common StockF2 | Mar 23, 2015 | S | 1,443 | $47.276 | D | 231,335 | D | |
| Common Stock | Mar 23, 2015 | M | 27,007 | $19.56 | A | 258,342 | D | |
| Common StockF2 | Mar 23, 2015 | F | 18,724 | $47.276 | D | 239,618 | D | |
| Common StockF2 | Mar 23, 2015 | S | 8,283 | $47.276 | D | 231,335 | D | |
| Common Stock | Mar 23, 2015 | M | 22,601 | $18.67 | A | 253,936 | D | |
| Common StockF2 | Mar 23, 2015 | F | 13,902 | $47.276 | D | 240,034 | D | |
| Common StockF2 | Mar 23, 2015 | S | 3,343 | $47.276 | D | 236,691 | D | |
| Common Stock | Mar 23, 2015 | M | 7,001 | $27.14 | A | 243,692 | D | |
| Common StockF2 | Mar 23, 2015 | F | 5,430 | $47.276 | D | 238,262 | D | |
| Common StockF2 | Mar 23, 2015 | S | 1,571 | $47.276 | D | 236,691 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F8,F3 | $13.88 | Mar 20, 2015 | M | 49,453 | D | — | Dec 17, 2020 | Common Stock | 49,453 | 15,547 | D |
| Employee Stock Option (right to buy)F8,F3 | $13.88 | Mar 23, 2015 | M | 15,547 | D | — | Dec 17, 2020 | Common Stock | 15,547 | 0 | D |
| Employee Stock Option (right to buy)F8,F4 | $8.55 | Mar 23, 2015 | M | 20,000 | D | — | Dec 16, 2019 | Common Stock | 8,305 | 0 | D |
| Employee Stock Option (right to buy)F8,F5 | $19.56 | Mar 23, 2015 | M | 27,007 | D | — | Dec 15, 2021 | Common Stock | 27,007 | 9,003 | D |
| Employee Stock Option (right to buy)F8,F6 | $18.67 | Mar 23, 2015 | M | 22,601 | D | — | Dec 14, 2022 | Common Stock | 22,601 | 22,601 | D |
| Employee Stock Option (right to buy)F8,F7 | $27.14 | Mar 23, 2015 | M | 7,001 | D | — | Dec 13, 2023 | Common Stock | 7,001 | 17,319 | D |
Explanation of responses
- F1This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $47.00 to $47.13, inclusive.
- F2This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $46.99 to $47.51, 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 footnote (1) above and this footnote (2).
- F3The option vested in four equal annual installments beginning on December 17, 2011.
- F4The option vested in four equal annual installments beginning on December 16, 2010.
- F5The option vested in four equal annual installments beginning on December 15, 2012.
- F6The option vested in four equal annual installments beginning on December 14, 2013.
- F7The option vested in four equal annual installments beginning on December 13, 2014.
- F8No consideration was paid for the derivative security.