Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Common Stock | Other | $27.2K | +1.5K | +1.9% | $18.10* | 80.6K | Aug 1, 2022 | Direct | F1 |
holding | NONE | Common Stock | 27.3K | Aug 1, 2022 | By 401KSOP | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NONE | Stock Subscription Rights (Right to Buy) | Other | $0 | +500 | $0.00 | 500 | Aug 1, 2022 | Common Stock | 500 | $18.10 | Direct | F1 |
Id | Content |
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F1 | The reported stock subscription rights to purchase shares of the Company's common stock were acquired in the Company's stock subscription offering to employees and non-employee directors in accordance with the provisions of The Davey Tree Expert Company 2014 Omnibus Stock Plan (the "Plan"). All participants in the offering purchasing in excess of $5,000 of common stock were granted a "right" to purchase one additional share of common stock, at a price of $18.10 per share, for every three shares of common stock purchased under the Plan. Each "right" may be exercised at the rate of 1/7 per year beginning on August 1, 2022 and will expire on July 31, 2029. |
F2 | This total reflects routine accumulation of 27,341.7125 common shares acquired through the Company's 401(K) benefit plan as of August 1, 2022, based on internal records. |