SEC Form 4 · accession 0001121035-16-000004
DYCOM INDUSTRIES INC · DY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia Higgins
Director
Period of report
Dec 19, 2016
Accepted (ET)
Dec 19, 2016 · 5:08 pm EST
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 | Dec 19, 2016 | M | 10,000 | $8.60 | A | 37,027 | D | |
| Common StockF1 | Dec 19, 2016 | S | 10,000 | $78.677 | D | 27,027 | 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)F3,F2 | $8.60 | Dec 19, 2016 | M | 10,000 | D | — | Nov 23, 2019 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1This price is a weighted average price. 10,000 shares were sold in multiple transactions at prices ranging from $78.51 to $78.81, 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 Exchanged Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.
- F2The option vested in four equal annual installments beginning on November 24, 2010.
- F3No consideration was paid for the derivative security.