SEC Form 4 · accession 0001240707-15-000006
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
Dec 16, 2015
Accepted (ET)
Dec 17, 2015 · 5:05 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 16, 2015 | M | 25,000 | $13.88 | A | 744,995 | D | |
| Common StockF1 | Dec 16, 2015 | F | 12,947 | $81.894 | D | 732,048 | D | |
| Common StockF1 | Dec 16, 2015 | S | 12,053 | $81.894 | D | 719,995 | 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 | $13.88 | Dec 16, 2015 | M | 25,000 | D | — | Dec 16, 2020 | Common Stock | 25,000 | 75,000 | D |
Explanation of responses
- F1This price is a weighted average price. 23,400 shares were sold in multiple transactions at prices ranging from $81.50 to $82.49, inclusive and 1,600 shares were sold in multiple transactions at prices ranging from $82.58 to $83.09, 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 range set forth in this footnote (1).
- F2The option vested in four substantially equal annual installments beginning on December 17, 2011.
- F3No consideration was paid for the derivative security.