Daniel S. Peyovich - 30 Mar 2024 Form 4 Insider Report for DYCOM INDUSTRIES INC (DY)

Signature
/s/ Ryan F. Urness by POA from Daniel S. Peyovich
Issuer symbol
DY
Transactions as of
30 Mar 2024
Net transactions value
-$501,350
Form type
4
Filing time
02 Apr 2024, 17:18:02 UTC
Previous filing
27 Mar 2024
Next filing
03 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DY Common Stock Award $0 +6,467 +21% $0.000000 37,635 30 Mar 2024 Direct F1, F2
transaction DY Common Stock Tax liability $501,350 -3,493 -9.3% $143.53 34,142 30 Mar 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 Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.