SEC Form 4 · accession 0001487329-18-000008
DAVEY TREE EXPERT CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Stief
Officer — Exec VP, U.S. Residential Ops
Period of report
Jun 28, 2018
Accepted (ET)
Jun 29, 2018 · 9:32 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 StockF1 | Jun 28, 2018 | M | 750 | $8.30 | A | 314,989 | D | |
| Common Stock | holding | — | — | — | 16 | I | By Son | |
| Common StockF2 | holding | — | — | — | 52,354 | 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)F3 | $19.10 | Jun 28, 2018 | A | 3,000 | A | Jun 28, 2019 | Jun 28, 2028 | Common Stock | 3,000 | 3,000 | D |
| Non-Qualified Stock Option (Right to Buy)F1 | $8.30 | Jun 28, 2018 | M | 750 | D | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 750 | 0 | D |
Explanation of responses
- F1This option vested and became fully exercisable on November 1, 2015.
- F2This total reflects routine accumulation of 52,353.5404 common shares acquired through the Company's 401(K) benefit plan as of June 28, 2018 based on internal records.
- F3This option will become exercisable in 20% installments on each anniversary of the grant date beginning on June 28, 2019.