SEC Form 4 · accession 0001249250-17-000002
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 3, 2017
Accepted (ET)
Mar 7, 2017 · 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 3, 2017 | M | 22,601 | $18.67 | A | 262,588 | D | |
| Common Stock | Mar 3, 2017 | M | 9,003 | $19.56 | A | 271,591 | D | |
| Common StockF1 | Mar 3, 2017 | S | 40,892 | $96.9524 | D | 230,699 | 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,F2 | $18.67 | Mar 3, 2017 | M | 22,601 | D | — | Dec 14, 2022 | Common Stock | 22,601 | 0 | D |
| Employee Stock Option (right to buy)F4,F3 | $19.56 | Mar 3, 2017 | M | 9,003 | D | — | Dec 15, 2021 | Common Stock | 9,003 | 0 | D |
Explanation of responses
- F1This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $96.47 to $97.4210, 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 14, 2013.
- F3The option vested in four substantially equal annual installments beginning on December 15, 2012.
- F4No consideration was paid for the derivative security.