SEC Form 4 · accession 0001572920-15-000009
DAVEY TREE EXPERT CO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Vaughn
Officer — VP/GM Eastern Utility Services
Period of report
Sep 18, 2015
Accepted (ET)
Sep 18, 2015 · 3:49 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 | Sep 18, 2015 | S | 1,621 | $31.50 | D | 5,837 | D | |
| Common Stock | Sep 18, 2015 | M | 495 | $16.00 | A | 6,332 | D | |
| Common Stock | Sep 18, 2015 | M | 1,505 | $16.60 | A | 7,837 | D | |
| Common StockF1 | holding | — | — | — | 8,213 | 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)F2 | $16.00 | Sep 18, 2015 | M | 495 | A | Nov 2, 2010 | Nov 2, 2019 | Common Stock | 495 | 0 | D |
| Nonqualified Stock Option (Right to Buy)F3 | $16.60 | Sep 18, 2015 | M | 1,505 | A | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 1,505 | 4,495 | D |
Explanation of responses
- F1This total reflects routine accumulation of 8,213.1099 common shares acquired through the Company's 401(K) benefit plan as of September 18, 2015, based on internal records.
- F2These options vested and became fully exercisable on November 2, 2014.
- F3These options vested and will become fully exercisable on NOvember 1, 2015.