Vilsoet Richard B 4
4 · DYCOM INDUSTRIES INC · Filed Dec 14, 2017
Insider Transaction Report
Form 4
Vilsoet Richard B
Vice President & Secretary
Transactions
- Award
Common Stock
2017-12-14+10,004→ 69,645 total - Tax Payment
Common Stock
2017-12-14$110.78/sh−5,175$573,287→ 64,470 total
Footnotes (3)
- [F1]Represents shares of DY common stock acquired upon the settlement of restricted stock units ("RSUs") on December 14, 2017. Each RSU represents a contingent right to acquire one share of DY common stock upon the satisfaction of pre-established performance measures set forth in the award documents. The annual performance measures are based on (i) operating earnings and (ii) the ratio of operating cash flow to net income, in each case before certain items. The shares reported include 3,861 shares that vested in connection with the satisfaction of the performance measures described in the previous sentence over the preceding three year performance period.
- [F2]No consideration was paid for the restricted stock units.
- [F3]Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.