SEC Form 4 · accession 0001526188-18-000006
DAVEY TREE EXPERT CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marjorie L. Conner
Officer — VP Asst Sec/Counsel RETIRED
Period of report
Mar 29, 2018
Accepted (ET)
Apr 4, 2018 · 2:17 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 Stock | Mar 29, 2018 | M | 400 | $11.60 | A | 73,643 | D | |
| Common Stock | Mar 29, 2018 | M | 800 | $13.20 | A | 74,443 | D | |
| Common Stock | Mar 29, 2018 | M | 600 | $15.05 | A | 75,043 | D | |
| Common Stock | Mar 29, 2018 | M | 800 | $16.35 | A | 75,843 | D | |
| Common Stock | Mar 29, 2018 | M | 1,500 | $17.60 | A | 77,343 | D | |
| Common Stock | Mar 29, 2018 | M | 1,400 | $8.20 | A | 78,743 | D | |
| Common Stock | Mar 29, 2018 | M | 1,400 | $8.30 | A | 80,143 | D | |
| Common Stock | Mar 29, 2018 | M | 1,400 | $9.20 | A | 81,543 | D | |
| Common Stock | Mar 29, 2018 | M | 2,000 | $9.85 | A | 83,543 | D | |
| Common Stock | Mar 29, 2018 | M | 2,000 | $11.60 | A | 85,543 | D | |
| Common Stock | Mar 29, 2018 | M | 2,100 | $13.20 | A | 87,643 | D | |
| Common Stock | Mar 29, 2018 | M | 2,100 | $15.05 | A | 89,743 | D | |
| Common Stock | Mar 29, 2018 | M | 4,200 | $16.35 | A | 93,943 | D | |
| Common Stock | Mar 29, 2018 | M | 2,200 | $17.60 | A | 96,143 | D | |
| Common Stock | Mar 29, 2018 | D | 14,199 | $0.00 | D | 81,944 | D | |
| Common StockF1 | holding | — | — | — | 33,999 | 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 StockF2 | $11.60 | Mar 29, 2018 | M | 400 | D | Jun 24, 2014 | Jun 24, 2023 | Common Stock | 400 | 0 | D |
| Common StockF2 | $13.20 | Mar 29, 2018 | M | 800 | D | Jun 30, 2015 | Jun 30, 2024 | Common Stock | 800 | 0 | D |
| Common StockF2 | $15.05 | Mar 29, 2018 | M | 600 | D | Jun 29, 2016 | Jun 29, 2025 | Common Stock | 600 | 0 | D |
| Common StockF2 | $16.35 | Mar 29, 2018 | M | 800 | D | Jun 28, 2017 | Jun 28, 2026 | Common Stock | 800 | 0 | D |
| Non-Qualified Stock Option (Right to Buy)F2 | $17.60 | Mar 29, 2018 | M | 1,500 | D | Jun 23, 2018 | Jun 23, 2027 | Common Stock | 1,500 | 0 | D |
| Stock Appreciation Rights (2009)F3 | $8.20 | Mar 29, 2018 | M | 1,400 | D | Mar 10, 2010 | Dec 31, 2018 | Common Stock | 1,400 | 0 | D |
| Stock Appreciation Rights (2010)F3 | $8.30 | Mar 29, 2018 | M | 1,400 | D | Mar 9, 2011 | Dec 31, 2019 | Common Stock | 1,400 | 0 | D |
| Stock Appreciation Rights (2011)F3 | $9.20 | Mar 29, 2018 | M | 1,400 | D | Mar 9, 2012 | Dec 31, 2020 | Common Stock | 1,400 | 0 | D |
| Stock Appreciation Rights (2012)F3 | $9.85 | Mar 29, 2018 | M | 2,000 | D | Mar 7, 2013 | Dec 31, 2021 | Common Stock | 2,000 | 0 | D |
| Stock Appreciation Rights (2013)F3 | $11.60 | Mar 29, 2018 | M | 2,000 | D | Mar 7, 2014 | Dec 31, 2022 | Common Stock | 2,000 | 0 | D |
| Stock Appreciation Rights (2014)F3 | $13.20 | Mar 29, 2018 | M | 2,100 | D | Mar 7, 2015 | Dec 31, 2023 | Common Stock | 2,100 | 0 | D |
| Stock Appreciation Rights (2015)F3 | $15.05 | Mar 29, 2018 | M | 2,100 | D | Mar 6, 2016 | Dec 31, 2024 | Common Stock | 2,100 | 0 | D |
| Stock Appreciation Rights (2016)F3 | $16.35 | Mar 29, 2018 | M | 4,200 | D | Mar 4, 2017 | Dec 31, 2025 | Common Stock | 4,200 | 0 | D |
| Stock Appreciation Rights (2017)F3 | $17.60 | Mar 29, 2018 | M | 2,200 | D | Mar 10, 2018 | Dec 31, 2026 | Common Stock | 2,200 | 0 | D |
Explanation of responses
- F1This total reflects routine accumulation of 33,999.0916 common shares acquired through the Company's 401(K) benefit plan as of April 4, 2018, based on internal records.
- F2These shares vested and became fully exercisable upon Ms. Conner's retirement.
- F3Exercise of SARs upon retirement.