DYCOM INDUSTRIES INC 4
4 · DYCOM INDUSTRIES INC · Filed Dec 16, 2015
Insider Transaction Report
Form 4
Roach Rebecca Brightly
VP & Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
2015-12-14$77.18/sh−718$55,415→ 9,534 total - Award
Common Stock
2015-12-14+1,736→ 10,252 total - Award
Restricted Stock Units
2015-12-14+720→ 8,516 total
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to acquire one share of DY common stock, par value $0.33 1/3 per share.
- [F2]The restricted stock units vest in four substantially equal annual installments beginning December 14, 2016.
- [F3]No consideration was paid for the restricted stock units.
- [F4]These 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.
- [F5]Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.