SEC Form 4 · accession 0001019687-15-002182
DYCOM INDUSTRIES INC · DY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven E Nielsen
Officer — President & CEO · Director
Period of report
May 26, 2015
Accepted (ET)
May 28, 2015 · 5:00 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 | May 26, 2015 | M | 95,905 | $8.55 | A | 784,823 | D | |
| Common StockF1 | May 26, 2015 | F | 48,471 | $57.7759 | D | 736,352 | D | |
| Common StockF1 | May 26, 2015 | S | 47,434 | $57.7759 | D | 688,918 | D | |
| Common Stock | May 27, 2015 | M | 17,400 | $8.55 | A | 706,318 | D | |
| Common StockF2 | May 27, 2015 | F | 8,791 | $57.8909 | D | 697,527 | D | |
| Common StockF2 | May 27, 2015 | S | 8,609 | $57.8909 | D | 688,918 | D | |
| Common Stock | May 27, 2015 | M | 4,500 | $18.67 | A | 693,418 | 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)F4,F3 | $8.55 | May 26, 2015 | M | 95,905 | D | — | Dec 15, 2019 | Common Stock | 95,905 | 17,400 | D |
| Employee Stock Option (right to buy)F4,F3 | $8.55 | May 27, 2015 | M | 17,400 | D | — | Dec 15, 2019 | Common Stock | 17,400 | 0 | D |
| Employee Stock Option (right to buy)F4,F5 | $18.67 | May 27, 2015 | M | 4,500 | D | — | Dec 13, 2022 | Common Stock | 4,500 | 66,938 | D |
Explanation of responses
- F1This price is a weighted average price. 93,805 shares were sold in multiple transactions at prices ranging from $57.36 to $58.33, inclusive and 2,100 shares were sold in multiple transactions at prices ranging from $58.37 to $58.59, inclusive.
- F2This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $57.50 to $58.37, 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 16, 2010.
- F4No consideration was paid for the derivative security.
- F5The option vests in four equal annual installments beginning on December 14, 2013.