SEC Form 4 · accession 0001347175-16-000004
DYCOM INDUSTRIES INC · DY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Andrew DeFerrari
Officer — Sr. VP & CFO
Period of report
Jul 13, 2016
Accepted (ET)
Jul 15, 2016 · 5:12 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 | Jul 13, 2016 | M | 9,147 | $13.88 | A | 103,168 | D | |
| Common StockF1,F2 | Jul 13, 2016 | S | 9,147 | $95.9912 | D | 94,021 | D | |
| Common Stock | Jul 15, 2016 | M | 9,150 | $8.55 | A | 103,171 | 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 | $13.88 | Jul 13, 2016 | M | 9,147 | D | — | Dec 16, 2020 | Common Stock | 9,147 | 0 | D |
| Employee Stock Option (right to buy)F4,F5 | $8.55 | Jul 15, 2016 | M | 9,150 | D | — | Dec 15, 2019 | Common Stock | 9,150 | 8,703 | D |
Explanation of responses
- F1The cash proceeds from 4,605 shares from this sale have been applied towards the payment of the exercise price of the stock option and the satisfaction of tax withholding obligations.
- F2This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $95.83 to $96.11, 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 2.
- F3The option vested in four substantially equal annual installments beginning on December 17, 2011.
- F4No consideration was paid for the derivative security.
- F5The option vested in four substantially equal annual installments beginning on December 16, 2010.