Lawrence R. Evans - Oct 20, 2023 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Signature
/s/Lawrence R. Evans, Christopher J. Bast by Power of Attorney
Stock symbol
NONE
Transactions as of
Oct 20, 2023
Transactions value $
-$92,382
Form type
4
Date filed
10/23/2023, 02:50 PM
Previous filing
Jul 13, 2023
Next filing
Jan 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Stock Appreciation Rights (2014) Sale -$92.4K -4.44K -2.05% $20.80* 212K Oct 20, 2023 Direct
transaction NONE Stock Appreciation Rights (2014) Options Exercise $33K +5K +2.36% $6.60* 217K Oct 23, 2023 Direct F1
transaction NONE Stock Appreciation Rights (2014) Disposed to Issuer -$33K -1.59K -0.73% $20.80* 215K Oct 23, 2023 Direct F1
transaction NONE Stock Appreciation Rights (2014) Options Exercise $0 -1.18K -0.55% $0.00 214K Oct 23, 2023 Direct F2
holding NONE Common Stock 35.5K Oct 20, 2023 By 401KSOP 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 (2014) Options Exercise $0 -5K -100% $0.00* 0 Oct 23, 2023 Common Stock 5K $6.60 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of SARs.
F2 Payment of taxes in connection with SARs pay-out.
F3 This total reflects routine accumulation of 35,540.3233 common shares acquired through the Company's 401(K) benefit plan as of October 23, 2023, based on internal records.