Steven E Nielsen, an insider of Dycom Industries, recently acquired 21,736 shares of the company. The buys took place at prices ranging from $0.00 to $85.02 per share, on dates ranging from March 29 to March 30, 2021. Nielsen now owns 698,571 shares of the company. Nielsen operates out of Palm Beach Gardens, FL. Some additional info was provided as follows:
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").
The option vests in four equal annual installments beginning on March 27, 2021.
The restricted stock units vest in four substantially equal annual installments beginning March 30, 2022.
No consideration was paid for the restricted st ock units.
Represents shares of DY common stock acquired upon the settlement of restricted stock units ("RSUs") on March 30, 2021. 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. The shares reported include 1,257 shares that vested in connection with the satisfaction of the performance measures described in the previous sentence over the preceding three year performance period.
Withholding of common stock for the payment of tax liability incident to the vesting of restricted stock units.
The option vests in four equal annual installments beginning on March 29, 2022.
No consideration was paid for the derivative security.
The option vested in four substantially equal annual installments beginning on December 14, 2016.
The option vested in four substantially equal annual installments beginning on December 15, 2017.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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