Patrick M. Covey - 15 Apr 2024 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
Chairman, President & CEO, Director
Signature
/s/Patrick M. Covey/Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
15 Apr 2024
Net transactions value
+$90,360
Form type
4
Filing time
16 Apr 2024, 14:36:03 UTC
Previous filing
29 Mar 2024
Next filing
17 Jul 2024
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 $90,360 +12,000 +2.3% $7.53* 539,139 15 Apr 2024 Direct
holding Common Stock 1,000 15 Apr 2024 By Sons
holding Common Stock 27,863 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -12,000 -100% $0.000000* 0 15 Apr 2024 Common Stock 12,000 $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.