SEC Form 4 · accession 0001651609-15-000004
DYCOM INDUSTRIES INC · DY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rebecca Brightly Roach
Officer — VP & Chief Accounting Officer
Period of report
Dec 14, 2015
Accepted (ET)
Dec 16, 2015 · 6:52 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, 2015 | A | 720 | $0.00 | A | 8,516 | D | |
| Common StockF4,F3 | Dec 14, 2015 | A | 1,736 | $0.00 | A | 10,252 | D | |
| Common Stock | Dec 14, 2015 | F | 718 | $77.18 | D | 9,534 | D |
Table II — derivative securities
No Table II lines on this filing.
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, 2016.
- F3No consideration was paid for the restricted stock units.
- F4These shares were awarded in settlement of the restricted stock units that vested on December 14, 2015 based upon the satisfaction of the following pre-established performance measures (i) operating earnings before asset impairments, amounts for performance unit or performance share compensation and amounts associated with the extinguishment of debt or termination of debt agreements and (ii) the ratio of operating cash flow to net income before asset impairments, amounts for performance unit or performance share compensation and amounts associated with the extinguishment of debt or termination of debt agreements. The performance measures were determined by excluding certain amounts attributable to acquisitions consummated during fiscal 2013.
- F5Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.