Karl J. Warnke - May 3, 2023 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
Director
Signature
/s/Karl J. Warnke/Joseph R. Paul, by Power of Attorney
Stock symbol
NONE
Transactions as of
May 3, 2023
Transactions value $
$0
Form type
4
Date filed
5/4/2023, 02:42 PM
Previous filing
Oct 25, 2022
Next filing
May 18, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NONE Phantom Stock Award $0 +33.9 +0.22% $0.00 15.5K May 3, 2023 Phantom Stock 33.9 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit of phantom stock is the economic equivalent of one share of common stock. These units of phantom stock become payable, in cash, upon the reporting person's termination of service as a director.