Joseph R. Paul - Mar 31, 2022 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
EVP & CFO
Signature
/s/Joseph R. Paul, Christopher J. Bast, by Power of Attorney
Stock symbol
NONE
Transactions as of
Mar 31, 2022
Transactions value $
$145,721
Form type
4
Date filed
4/1/2022, 01:15 PM
Previous filing
Mar 7, 2022
Next filing
Jul 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Options Exercise $42.2K +4.8K +1.75% $8.80 280K Mar 31, 2022 Direct
transaction NONE Common Stock Options Exercise $34.4K +3.6K +1.29% $9.55 283K Mar 31, 2022 Direct
transaction NONE Common Stock Options Exercise $38K +3.6K +1.27% $10.55 287K Mar 31, 2022 Direct
transaction NONE Common Stock Options Exercise $31.1K +2.57K +0.9% $12.10 290K Mar 31, 2022 Direct
holding NONE Common Stock 20K Mar 31, 2022 By 401(k) Plan F1

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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -4.8K -80% $0.00 1.2K Mar 31, 2022 Common Stock 4.8K $8.80 Direct F2
transaction NONE Nonqualified Stock Option (Right to Buy) Options Exercise $0 -3.6K -60% $0.00 2.4K Mar 31, 2022 Common Stock 3.6K $9.55 Direct F3
transaction NONE Nonqualified Stock Option (Right to Buy) Options Exercise $0 -3.6K -60% $0.00 2.4K Mar 31, 2022 Common Stock 3.6K $10.55 Direct F4
transaction NONE Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -2.57K -40% $0.00 3.86K Mar 31, 2022 Common Stock 2.57K $12.10 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This total reflects routine accumulation of 19,957.8802 common shares acquired through the Company's 401(K) benefit plan as of March 31, 2022, based on internal records.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 23, 2018.
F3 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 28, 2019.
F4 These options become exercisable in 20% installments on each anniversary of the grant date beginning March 7, 2020.
F5 These options become exercisable in 20% installments on each anniversary of the grant date beginning March 5, 2021.