SEC Form 4 · accession 0001362786-18-000012
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
Aug 14, 2018
Accepted (ET)
Aug 15, 2018 · 5:50 pm 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 StockF1 | Aug 14, 2018 | M | 2,000 | $8.30 | A | 76,052 | D | |
| Common StockF2 | Aug 14, 2018 | M | 2,926 | $9.85 | A | 78,978 | D | |
| Common StockF3 | holding | — | — | — | 7,303 | 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) | $8.30 | Aug 14, 2018 | M | 2,000 | D | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 2,000 | 0 | D |
| Stock Subscription Rights (Right to Buy) | $9.85 | Aug 14, 2018 | J | 2,926 | D | Aug 1, 2012 | Aug 1, 2019 | Common Stock | 2,926 | 0 | D |
Explanation of responses
- F1This option vested and became fully exercisable on November 1, 2015.
- F2Stock Rights available one for every three common shares originally subscribed for each right may be purchased at the rate of 1/7 per year beginning August 1, 2012 and will expire on August 1, 2019.
- F3This total reflects routine accumulation of 7,303.0632 common shares acquired through the Company's 401(K) benefit plan as of August 14, 2018, based on internal records.