SEC Form 4 · accession 0001572920-16-000019
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
Aug 19, 2016
Accepted (ET)
Aug 23, 2016 · 1:34 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 | Aug 19, 2016 | M | 2,000 | $16.60 | A | 9,224 | D | |
| Common Stock | Aug 19, 2016 | M | 2,000 | $18.40 | A | 11,224 | D | |
| Common StockF1 | Aug 19, 2016 | D | 2,065 | $33.90 | D | 9,159 | D | |
| Common StockF2 | Aug 19, 2016 | D | 641 | $0.00 | D | 8,518 | D | |
| Common StockF3 | holding | — | — | — | 8,448 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights (2010)F1 | $16.60 | Aug 19, 2016 | M | 2,000 | D | Mar 9, 2011 | Dec 31, 2019 | Common Stock | 2,000 | 0 | D |
| Stock Appreciation Rights (2011)F1 | $18.40 | Aug 19, 2016 | M | 2,000 | D | Mar 10, 2012 | Dec 31, 2020 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1Exercise of SARs.
- F2Payment of taxes in connection with SARs pay-out.
- F3This total reflects routine accumulation of 8,447.6556 common shares acquired through the Company's 401(K) benefit plan as of August 19, 2016, based on internal records.