LAWRENCE R. EVANS - 20 Oct 2023 Form 4 Insider Report for DAVEY TREE EXPERT CO

Role
EVP & GM, Surgery Company
Signature
/s/Lawrence R. Evans, Christopher J. Bast by Power of Attorney
Issuer symbol
N/A
Transactions as of
20 Oct 2023
Net transactions value
-$92,382
Form type
4
Filing time
23 Oct 2023, 14:50:52 UTC
Previous filing
13 Jul 2023
Next filing
19 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Stock Appreciation Rights (2014) Sale $92,373 -4,441 -2.1% $20.80* 211,793 20 Oct 2023 Direct
transaction Stock Appreciation Rights (2014) Options Exercise $33,000 +5,000 +2.4% $6.60* 216,793 23 Oct 2023 Direct F1
transaction Stock Appreciation Rights (2014) Disposed to Issuer $33,010 -1,587 -0.73% $20.80* 215,206 23 Oct 2023 Direct F1
transaction Stock Appreciation Rights (2014) Options Exercise $0 -1,180 -0.55% $0.000000 214,026 23 Oct 2023 Direct F2
holding Common Stock 35,540 20 Oct 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 Stock Appreciation Rights (2014) Options Exercise $0 -5,000 -100% $0.000000* 0 23 Oct 2023 Common Stock 5,000 $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.