James F. Stief - 13 Sep 2021 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
Exec VP, U.S. Residential Ops
Signature
/s/James F. Stief/Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
13 Sep 2021
Net transactions value
$0
Form type
4
Filing time
13 Sep 2021, 11:38:04 UTC
Previous filing
20 Jul 2021
Next filing
28 Jan 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 $105,600 +8,000 +3.1% $13.20* 263,039 13 Sep 2021 Direct
transaction Common Stock Options Exercise $60,200 +4,000 +1.5% $15.05* 267,039 13 Sep 2021 Direct
holding Common Stock 16 13 Sep 2021 By Son
holding Common Stock 54,186 13 Sep 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 Non-Qualified Stock Option (Right to Buy) Options Exercise $105,600 -8,000 -100% $13.20* 0 13 Sep 2021 Common Stock 8,000 $13.20 Direct F2
transaction Non-Qualified Stock Option (Right to Buy) Options Exercise $60,200 -4,000 -100% $15.05* 0 13 Sep 2021 Common Stock 4,000 $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.