SEC Form 4 · accession 0001572920-18-000016
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
Oct 15, 2018
Accepted (ET)
Oct 15, 2018 · 2:34 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 StockF1 | Oct 15, 2018 | M | 8,990 | $8.30 | A | 27,056 | D | |
| Common StockF2 | Oct 15, 2018 | M | 2,924 | $9.85 | A | 29,980 | D | |
| Common StockF3 | holding | — | — | — | 17,763 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy) | $8.30 | Oct 15, 2018 | M | 8,990 | D | Nov 1, 2011 | Nov 1, 2020 | Common Stock | 8,990 | 0 | D |
| Stock Subscription Rights (Right to Buy) | $9.85 | Oct 15, 2018 | M | 2,924 | D | Aug 1, 2012 | Jul 31, 2019 | Common Stock | 2,924 | 0 | D |
Explanation of responses
- F1This option vested and became fully exercisable on November 1, 2015.
- F2Stock Rights available one for every three common shares originally subscribed for each right may be purchased at the rate of 1/7 per year beginning August 1, 2012 and will expire on August 1, 2019.
- F3This total reflects routine accumulation of 17,763.2310 common shares acquired through the Company's 401(K) benefit plan as of October 15, 2018, based on internal records. The number of shares in the reporting person's 401(K) plan account has decreased due to administrative fees withheld by the plan administrator.