Patrick M. Covey - Apr 15, 2024 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
Chairman, President & CEO, Director
Signature
/s/Patrick M. Covey/Christopher J. Bast, by Power of Attorney
Stock symbol
NONE
Transactions as of
Apr 15, 2024
Transactions value $
$90,360
Form type
4
Date filed
4/16/2024, 02:36 PM
Previous filing
Mar 29, 2024
Next filing
Jul 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Options Exercise $90.4K +12K +2.28% $7.53* 539K Apr 15, 2024 Direct
holding NONE Common Stock 1K Apr 15, 2024 By Sons
holding NONE Common Stock 27.9K Apr 15, 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 NONE Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -12K -100% $0.00* 0 Apr 15, 2024 Common Stock 12K $7.53 Direct F2
* 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 27,862.7516 common shares acquired through the Company's 401(K) benefit plan as of April 15, 2024, based on internal records. The number of shares in the reporting person's 401(K) plan account has decreased due to administrative fees withheld by the plan administrator.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 29, 2016.