Try this for 4:3 PAL .dv in FCP 12.4:
File > New > Project... > Use Custom Settings > Video: Custom, Resolution: 768x576, Rate: 50p, Rendering: Color Space: Standard - Rec. 601 (PAL) > OK > [drag clip to timeline].
Window > Show in Workspace > Inspector [cmd-4] > "i" [at upper right] > Basic to Settings [at lower right] > Field Dominance Override [at upper right] > Lower First or Off (Deinterlace OFF/ON does not seem to make any difference here).
File > Share > HEVC - High Efficiency Video..., Settings > Format: Computer or Apple Devices, Video Codec: HEVC 10-bit [768x576 | 50fps], Action: Save only > Next... > Save.
Or for 4:3 NTSC .dv:
File > New > Project... > Use Custom Settings > Video: Custom, Resolution: 640x480 59.94p, Rendering: Color Space: Standard - Rec. 601 (NTSC) > OK > [drag clip to timeline].
Window > Show in Workspace > Info Inspector [cmd-4] > "i" [at upper right] > Settings [at lower right] > Field Dominance Override [at upper right] > Lower First or Off (Deinterlace OFF/ON does not seem to make any difference here).
File > Share > HEVC - High Efficiency Video..., Settings > Format: Computer or Apple Devices, Video Codec: HEVC 10-bit [640x480 | 59.94fps], Action: Save only > Next... > Save.
Or the same with ffmpeg for 4:3 PAL or NTSC (16:9 needs different scalings and croppings):
ffmpeg -i PAL_4_3.dv -vf bwdif=1,scale=788:576,crop=768:576:10:0,setsar=sar=1/1 -c:v libx265 -crf 18 -preset medium -color_range limited -pix_fmt yuv420p10le -profile:v main10 -x265-params colorprim=5:transfer=1:colormatrix=6:range=limited -timecode 00:00:00:00 -tag:v hvc1 -c:a aac_at -b:a 128k PAL_dv_libx265_to_10bit_limited_5-1-6.mp4
ffmpeg -i NTSC_4_3.dv -vf bwdif=1,scale=648:480,crop=640:480:4:0,setsar=sar=1/1 -c:v libx265 -crf 18 -preset medium -color_range limited -pix_fmt yuv420p10le -profile:v main10 -x265-params colorprim=6:transfer=1:colormatrix=6:range=limited -timecode '00:00:00;00' -tag:v hvc1 -c:a aac_at -b:a 128k NTSC_dv_libx265_to_10bit_limited_6-1-6.mp4