SEC Form 4/A · accession 0001572890-19-000002

DAVEY TREE EXPERT CO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

This is an amendment (Form 4/A). It replaces an earlier filing for the same period.

Reporting owner

Officer — VP/GM Comm'l Landscape Srvs

Period of report

Dec 17, 2018

Accepted (ET)

Jan 11, 2019 · 11:14 am EST

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^F1	Dec 17, 2018	M	2,400	$8.30	A	44,670	D
Common Stock^F1	Dec 17, 2018	M	2,400	$9.20	A	47,070	D
Common Stock^F1	Dec 17, 2018	M	2,400	$9.85	A	49,470	D
Common Stock	Dec 17, 2018	D	3,332	$19.70	D	46,138	D
Common Stock^F2	Dec 17, 2018	F	1,164	$19.70	D	44,974	D
Common Stock^F3	holding	—	—		—	4,000	I	By Son
Common Stock^F4	holding	—	—		—	87,908	I	By 401(k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Stock Appreciation Rights (2010)^F5,F1	$8.30	Dec 17, 2018	M	2,400	D	Mar 9, 2011	Dec 31, 2019	Common Stock	2,400	D
Stock Appreciation Rights (2011)^F5,F1	$9.20	Dec 17, 2018	M	2,400	D	Mar 10, 2012	Dec 31, 2020	Common Stock	2,400	D
Stock Appreciation Rights (2012)^F5,F1	$9.85	Dec 17, 2018	M	2,400	D	Mar 7, 2013	Dec 31, 2021	Common Stock	2,400	D

F1Exercise of SARs.
F2Payment of taxes in connection with SARs pay-out.
F3Shares owned by Mr. Joy's two sons; total shares owned by one son equals 3,200 shares and shares owned by second son totals 800 shares.
F4This total reflects routine accumulation of 87,907.8670 common shares acquired through the Company's 401(K) benefit plan as of January 10, 2019, based on internal records.
F5These stock appreciation rights become exercisable in five equal annual installments beginning on the first anniversary of the grant date.