SEC Form 4 · accession 0001240707-16-000010
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 14, 2016
Accepted (ET)
Dec 16, 2016 · 5:31 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | Dec 14, 2016 | A | 5,021 | $0.00 | A | 687,093 | D | |
| Common Stock | Dec 16, 2016 | M | 5,356 | $18.67 | A | 692,449 | 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)F5,F4 | $78.46 | Dec 14, 2016 | A | 22,885 | A | — | Dec 13, 2026 | Common Stock | 22,885 | 22,885 | D |
| Employee stock option (right to buy)F5,F6 | $18.67 | Dec 14, 2016 | M | 5,356 | D | — | Dec 13, 2022 | Common Stock | 5,356 | 55,681 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to acquire one share of DY common stock, par value $0.33 1/3 per share.
- F2The restricted stock units vest in four substantially equal annual installments beginning December 14, 2017.
- F3No consideration was paid for the restricted stock units.
- F4The option vests in four substantially equal annual installments beginning on December 14, 2017.
- F5No consideration was paid for the derivative security.
- F6The option vested in four substantially equal annual installments beginning on December 14, 2013.