Lawson Jason T. - 30 Mar 2024 Form 4 Insider Report for DYCOM INDUSTRIES INC (DY)

Signature
/s/ Ryan F. Urness by POA from Jason T. Lawson
Issuer symbol
DY
Transactions as of
30 Mar 2024
Net transactions value
-$86,549
Form type
4
Filing time
02 Apr 2024, 17:17:37 UTC
Previous filing
27 Mar 2024
Next filing
12 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DY Common Stock Award $0 +952 +13% $0.000000 8,401 30 Mar 2024 Direct F1, F2
transaction DY Common Stock Tax liability $55,690 -388 -4.6% $143.53 8,013 30 Mar 2024 Direct
transaction DY Common Stock Sale $30,859 -220 -2.7% $140.27 7,793 01 Apr 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of DY common stock acquired upon the settlement of restricted stock units ("RSUs") on March 30, 2024. 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 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.
F2 No consideration was paid for the restricted stock units.
F3 This price is a weighted average price. 220 shares were sold in multiple transactions at prices ranging from $140.26 to $140.28, 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 this footnote.