Thea R. Sears - Aug 23, 2021 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
Vice President & Controller
Signature
/s/Thea R. Sears/Christopher J. Bast, by Power of Attorney
Stock symbol
NONE
Transactions as of
Aug 23, 2021
Transactions value $
$32,700
Form type
4
Date filed
8/23/2021, 08:59 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 $32.7K +2K +1.93% $16.35* 106K Aug 23, 2021 Direct F1
transaction NONE Common Stock Disposed to Issuer $0 -997 -0.94% $0.00 105K Aug 23, 2021 Direct F2
holding NONE Common Stock 9.41K Aug 23, 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 NONE Stock Appreciation Rights (2016) Options Exercise $0 -2K -47.62% $0.00 2.2K Aug 23, 2021 Common Stock 2K $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.