Joseph R. Paul - 31 Mar 2022 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
31 Mar 2022
Net transactions value
+$145,721
Form type
4
Filing time
01 Apr 2022, 13:15:49 UTC
Previous filing
07 Mar 2022
Next filing
15 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise $42,240 +4,800 +1.7% $8.80 279,756 31 Mar 2022 Direct
transaction Common Stock Options Exercise $34,380 +3,600 +1.3% $9.55 283,356 31 Mar 2022 Direct
transaction Common Stock Options Exercise $37,980 +3,600 +1.3% $10.55 286,956 31 Mar 2022 Direct
transaction Common Stock Options Exercise $31,121 +2,572 +0.9% $12.10 289,528 31 Mar 2022 Direct
holding Common Stock 19,958 31 Mar 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -4,800 -80% $0.000000 1,200 31 Mar 2022 Common Stock 4,800 $8.80 Direct F2
transaction Nonqualified Stock Option (Right to Buy) Options Exercise $0 -3,600 -60% $0.000000 2,400 31 Mar 2022 Common Stock 3,600 $9.55 Direct F3
transaction Nonqualified Stock Option (Right to Buy) Options Exercise $0 -3,600 -60% $0.000000 2,400 31 Mar 2022 Common Stock 3,600 $10.55 Direct F4
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -2,572 -40% $0.000000 3,858 31 Mar 2022 Common Stock 2,572 $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.