Karl J. Warnke - May 17, 2023 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
Director
Signature
/s/Karl J. Warnke/Christopher J. Bast, by Power of Attorney
Stock symbol
NONE
Transactions as of
May 17, 2023
Transactions value $
-$1,100,750
Form type
4
Date filed
5/18/2023, 11:54 AM
Previous filing
May 4, 2023
Next filing
Nov 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Award $0 +2.05K +0.16% $0.00 1.3M May 17, 2023 By Karl J. Warnke Trust F1
transaction NONE Common Stock Sale -$1.1M -59.5K -4.59% $18.50 1.24M May 18, 2023 By Karl J. Warnke Trust
holding NONE Common Stock 580K May 17, 2023 By Barbara R. Warnke Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock unit, each of which represents the right to receive one share of common stock of The Davey Tree Expert Company. The units vest as to one-third on each of the first, second and third anniversary of the date of the grant subject to continued service through the vesting date or upon occurrence of a change in control. Any units that do not vest will be forfeited.