Joseph R. Paul - 15 Apr 2024 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 Apr 2024
Net transactions value
+$39,681
Form type
4
Filing time
16 Apr 2024, 16:07:33 UTC
Previous filing
29 Mar 2024
Next filing
17 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise $11,460 +1,200 +0.35% $9.55* 346,632 15 Apr 2024 Direct
transaction Common Stock Options Exercise $12,660 +1,200 +0.35% $10.55* 347,832 15 Apr 2024 Direct
transaction Common Stock Options Exercise $15,561 +1,286 +0.37% $12.10* 349,118 15 Apr 2024 Direct
holding Common Stock 22,216 15 Apr 2024 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 Nonqualified Stock Option (Right to Buy) Options Exercise $0 -1,200 -100% $0.000000* 0 15 Apr 2024 Common Stock 1,200 $9.55 Direct F2
transaction Nonqualified Stock Option (Right to Buy) Options Exercise $0 -1,200 -100% $0.000000* 0 15 Apr 2024 Common Stock 1,200 $10.55 Direct F3
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -1,286 -50% $0.000000 1,286 15 Apr 2024 Common Stock 1,286 $12.10 Direct F4
* 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 22,215.5118 common shares acquired through the Company's 401(K) benefit plan as of April 15, 2024, based on internal records.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 28, 2019.
F3 These options become exercisable in 20% installments on each anniversary of the grant date beginning March 7, 2020.
F4 These options become exercisable in 20% installments on each anniversary of the grant date beginning March 5, 2021.