SEC Form 4 · accession 0001526188-16-000024
DAVEY TREE EXPERT CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marjorie L. Conner
Officer — Assistant Secretary & Counsel
Period of report
Jun 28, 2016
Accepted (ET)
Jun 29, 2016 · 1:45 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 | Jun 29, 2016 | A | 200 | $23.20 | A | 33,705 | D | |
| Common StockF1 | Jun 29, 2016 | A | 100 | $30.10 | A | 33,805 | D | |
| Common StockF2 | holding | — | — | — | 16,584 | I | By 401K 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) | $23.20 | Jun 29, 2016 | M | 200 | D | Jun 24, 2014 | Jun 24, 2023 | Common Stock | 200 | 400 | D |
| Stock Appreciation Rights (2015) | $30.10 | Jun 29, 2016 | M | 100 | D | Mar 6, 2016 | Dec 31, 2024 | Common Stock | 100 | 400 | D |
| Non-Qualified Stock Option (Right to Buy)F3 | $32.70 | Jun 28, 2016 | A | 500 | A | Jun 28, 2017 | Jun 28, 2026 | Common Stock | 500 | 500 | D |
Explanation of responses
- F1These options became exercisable in installments of 20% per year beginning on the first anniversary of the grant date.
- F2This total reflects routine accumulation of 16,584.0944 common shares acquired through the Company's 401(K) benefit plan as of June 29, 2016, based on internal records.
- F3These options become exercisable in 20% installments on each anniversary of the grant date beginning June 28, 2017.