Sec Form 4 Filing - Vilsoet Richard B @ DYCOM INDUSTRIES INC - 2016-07-08

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Vilsoet Richard B
2. Issuer Name and Ticker or Trading Symbol
DYCOM INDUSTRIES INC [ DY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Vice President & Secretary
(Last) (First) (Middle)
11780 U.S. HIGHWAY 1, SUITE 600
3. Date of Earliest Transaction (MM/DD/YY)
07/08/2016
(Street)
PALM BEACH GARDENS, FL33408
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/08/2016 S 24,000 D $ 93.5211 ( 1 ) 49,307 D
Common Stock 07/08/2016 M 7,500 A $ 13.88 56,807 D
Common Stock 07/08/2016 F 2,858 D $ 93.7891 ( 2 ) 53,949 D
Common Stock 07/08/2016 S 4,642 D $ 93.7891 ( 2 ) 49,307 D
Common Stock 07/08/2016 M 10,000 A $ 8.55 59,307 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 13.88 07/08/2016 M 7,500 ( 3 ) 12/17/2020 Common Stock 7,500 $ 0 ( 4 ) 0 D
Employee Stock Option (right to buy) $ 8.55 07/08/2016 M 10,000 ( 5 ) 12/16/2019 Common Stock 10,000 $ 0 ( 4 ) 6,853 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Vilsoet Richard B
11780 U.S. HIGHWAY 1, SUITE 600
PALM BEACH GARDENS, FL33408
Vice President & Secretary
Signatures
/s/ Richard B. Vilsoet 07/12/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.20 to $94.12, 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 the range set forth in this footnote 1.
( 2 )This price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $93.50 to $94.12, 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 the range set forth in this footnote 2.
( 3 )The option vested in four substantially equal annual installments beginning on December 17, 2011.
( 4 )No consideration was paid for the derivative security.
( 5 )The option vested in four substantially equal annual installments beginning on December 16, 2010.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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