James F. Stief - Sep 13, 2021 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
Exec VP, U.S. Residential Ops
Signature
/s/James F. Stief/Christopher J. Bast, by Power of Attorney
Stock symbol
NONE
Transactions as of
Sep 13, 2021
Transactions value $
$0
Form type
4
Date filed
9/13/2021, 11:38 AM
Previous filing
Jul 20, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Options Exercise $106K +8K +3.14% $13.20* 263K Sep 13, 2021 Direct
transaction NONE Common Stock Options Exercise $60.2K +4K +1.52% $15.05* 267K Sep 13, 2021 Direct
holding NONE Common Stock 16 Sep 13, 2021 By Son
holding NONE Common Stock 54.2K Sep 13, 2021 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 -$106K -8K -100% $13.20* 0 Sep 13, 2021 Common Stock 8K $13.20 Direct F2
transaction NONE Non-Qualified Stock Option (Right to Buy) Options Exercise -$60.2K -4K -100% $15.05* 0 Sep 13, 2021 Common Stock 4K $15.05 Direct F3
* 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 54,186.2734 common shares acquired through the Company's 401(K) benefit plan as of September 13, 2021, based on internal records.
F2 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 30, 2015.
F3 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 29, 2016.