Thea R. Sears - 23 Aug 2021 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
Vice President & Controller
Signature
/s/Thea R. Sears/Christopher J. Bast, by Power of Attorney
Issuer symbol
N/A
Transactions as of
23 Aug 2021
Net transactions value
+$32,700
Form type
4
Filing time
23 Aug 2021, 08:59:33 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 $32,700 +2,000 +1.9% $16.35* 105,594 23 Aug 2021 Direct F1
transaction Common Stock Disposed to Issuer $0 -997 -0.94% $0.000000 104,597 23 Aug 2021 Direct F2
holding Common Stock 9,408 23 Aug 2021 By 401(k) Plan F3

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 Stock Appreciation Rights (2016) Options Exercise $0 -2,000 -48% $0.000000 2,200 23 Aug 2021 Common Stock 2,000 $16.35 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of SARs.
F2 Distribution of Stock Appreciation Rights (SARs) pursuant to plan.
F3 This total reflects routine accumulation of 9,408.4003 common shares acquired through the Company's 401(K) benefit plan as of August 23, 2021, based on internal records.
F4 Stock Appreciation Rights (SARs)become exercisable in five equal annual installments beginning on the first anniversary of the grant date.