Peyovich Daniel S 4
4 · DYCOM INDUSTRIES INC · Filed Mar 30, 2023
Insider Transaction Report
Form 4
Peyovich Daniel S
President & CEO
Transactions
- Award
Restricted Stock Units
2023-03-28+4,354→ 27,034 total - Award
Common Stock
2023-03-30+3,410→ 30,444 total - Tax Payment
Common Stock
2023-03-30$95.17/sh−1,152$109,636→ 29,292 total - Award
Stock Option (Right to Buy)
2023-03-28+13,875→ 13,875 totalExercise: $94.99Exp: 2033-03-28→ Common Stock (13,875 underlying)
Footnotes (7)
- [F1]Each restricted stock unit represents a contingent right to acquire one (1) share of Dycom Industries, Inc. common stock par value $0.33 1/3 per share ("DY common stock").
- [F2]The restricted stock units vest in four substantially equal annual installments beginning March 30, 2024.
- [F3]No consideration was paid for the restricted stock units.
- [F4]Represents shares of DY common stock acquired upon the settlement of restricted stock units ("RSUs") on March 30, 2023. 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.
- [F5]Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.
- [F6]No consideration was paid for the derivative security.
- [F7]The option vests in four substantially equal annual installments beginning on March 28, 2024.