Ryan F. Urness - Mar 30, 2024 Form 4 Insider Report for DYCOM INDUSTRIES INC (DY)

Signature
/s/ Ryan F. Urness
Stock symbol
DY
Transactions as of
Mar 30, 2024
Transactions value $
-$808,361
Form type
4
Date filed
4/2/2024, 05:18 PM
Previous filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DY Common Stock Award $0 +5.05K +17.08% $0.00 34.6K Mar 30, 2024 Direct F1, F2
transaction DY Common Stock Tax liability -$808K -5.63K -16.27% $143.53 29K Mar 30, 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.