SEC Form 4 · accession 0001572888-15-000010
DAVEY TREE EXPERT CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brent R Repenning
Officer — VP/GM Davey Resource Group
Period of report
Oct 15, 2015
Accepted (ET)
Oct 19, 2015 · 9:56 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 Stock | Oct 15, 2015 | S | 254 | $31.50 | D | 10,419 | D | |
| Common Stock | Oct 15, 2015 | M | 1,000 | $16.00 | A | 11,419 | D | |
| Common StockF1 | Oct 15, 2015 | F | 163 | $31.50 | D | 11,256 | D | |
| Common StockF2 | holding | — | — | — | 1,791 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Option (Right to Buy)F3 | $16.00 | Oct 15, 2015 | M | 1,000 | A | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Payment of taxes in connection with setting of exercised option shares.
- F2This total reflects routine accumulation of 1,791.0542 common shares acquired through the Company's 401(K) benefit plan as of October 15, 2015, based on internal records.
- F3This option vested and became fully exercisable on November 2, 2014.