SEC Form 4 · accession 0001362786-17-000006
DAVEY TREE EXPERT CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Paul
Officer — EVP, CFO & Secretary
Period of report
Mar 31, 2017
Accepted (ET)
Apr 4, 2017 · 11:52 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 | Mar 31, 2017 | A | 2,000 | $16.00 | A | 33,607 | D | |
| Common StockF1 | holding | — | — | — | 3,322 | 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 | $16.00 | Mar 31, 2017 | M | 2,000 | A | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1The securities reported herein were acquired pursuant to The Davey Tree Expert Company's Employee Stock Ownership Plan and were accrued in the reporting person's account on the indicated date. This total reflects accumulation of 3,321.7044 common shares acquired through the Company's 401(K) benefit plan as of March 31, 2017, based on internal records.
- F2These options vested and became fully exercisable on November 2, 2014.