SEC Form 4 · accession 0001247542-15-000010
DAVEY TREE EXPERT CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Ramsey
Officer — VP/GM Canadian Operations · Other
Period of report
Oct 13, 2015
Accepted (ET)
Oct 14, 2015 · 10:51 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000277638
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 13, 2015 | S | 7,000 | $31.50 | D | 132,301 | D | |
| Common Stock | Oct 13, 2015 | M | 14,000 | $11.25 | A | 146,301 | D | |
| Common Stock | Oct 13, 2015 | M | 1,000 | $23.20 | A | 147,301 | D | |
| Common StockF1 | holding | — | — | — | 49,785 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $11.25 | Oct 13, 2015 | M | 14,000 | A | Jun 5, 2007 | Jun 5, 2016 | Common Stock | 14,000 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $23.20 | Oct 13, 2015 | M | 1,000 | A | Jun 24, 2014 | Jun 24, 2023 | Common Stock | 1,000 | 0 | D |
Explanation of responses
- F1This total reflects routine accumulation of 49,784.7767 common shares acquired through the Company's 401(K) benefit plan as of October 13, 2015, based on internal records.
- F2These options vested and became fully exercisable on June 5, 2007.
- F3These options vested upon Mr. Ramsey's retirement on July 24, 2015.