SEC Form 4 · accession 0001526188-17-000010
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
Aug 17, 2017
Accepted (ET)
Aug 21, 2017 · 3:23 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 17, 2017 | A | 400 | $11.60 | A | 71,288 | D | |
| Common StockF1 | Aug 17, 2017 | A | 400 | $13.20 | A | 71,688 | D | |
| Common StockF1 | Aug 17, 2017 | A | 200 | $15.05 | A | 71,888 | D | |
| Common StockF1 | Aug 17, 2017 | A | 200 | $16.35 | A | 72,088 | D | |
| Common StockF2 | Aug 17, 2017 | A | 210 | $9.85 | A | 72,298 | D | |
| Common StockF3 | holding | — | — | — | 33,609 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | $11.60 | Aug 17, 2017 | M | 400 | D | Jun 24, 2014 | Jun 24, 2023 | Common Stock | 400 | 400 | D |
| Common Stock | $13.20 | Aug 17, 2017 | M | 400 | D | Jun 30, 2015 | Jun 30, 2024 | Common Stock | 400 | 800 | D |
| Common Stock | $15.05 | Aug 17, 2017 | M | 200 | D | Jun 29, 2016 | Jun 29, 2025 | Common Stock | 200 | 600 | D |
| Common Stock | $16.35 | Aug 17, 2017 | M | 200 | D | Jun 28, 2017 | Jun 28, 2026 | Common Stock | 200 | 800 | D |
| Common Stock | $9.85 | Aug 17, 2017 | J | 210 | D | Aug 1, 2012 | Jul 31, 2019 | Common Stock | 210 | 212 | D |
Explanation of responses
- F1These options became exercisable in installments of 20% per year beginning on the first anniversary of the grant date.
- 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 33,608.5343 common shares acquired through the Company's 401(K) benefit plan as of August 21, 2017, based on internal records.