Joseph R. Paul - 15 Dec 2021 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
EVP & CFO
Signature
/s/Joseph R. Paul, Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
15 Dec 2021
Net transactions value
+$172,160
Form type
4
Filing time
15 Dec 2021, 10:33:55 UTC
Previous filing
20 Jul 2021
Next filing
28 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise $90,360 +12,000 +5.2% $7.53 243,032 15 Dec 2021 Direct F1
transaction Common Stock Options Exercise $81,800 +10,000 +4.1% $8.18 253,032 15 Dec 2021 Direct F1
holding Common Stock 19,619 15 Dec 2021 By 401(k) Plan F1, F2

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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -12,000 -100% $0.000000* 0 15 Dec 2021 Common Stock 12,000 $7.53 Direct F1
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -10,000 -100% $0.000000* 0 15 Dec 2021 Common Stock 10,000 $8.18 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All share totals and prices reflect a 2-for-1 stock split effective October 1, 2021.
F2 This total reflects routine accumulation of 19,619.1085 common shares acquired through the Company's 401(K) benefit plan as of December 15, 2021, based on internal records.