James F. Stief - May 24, 2022 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
FORMER OFFICER
Signature
/s/James F. Stief/Christopher J. Bast, by Power of Attorney
Stock symbol
NONE
Transactions as of
May 24, 2022
Transactions value $
$52,061
Form type
4
Date filed
5/24/2022, 03:13 PM
Previous filing
Mar 7, 2022
Next filing
Jul 15, 2022
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NONE Common Stock Sale -$317K -17.5K -3.19% $18.10* 531K May 24, 2022 Direct
transaction NONE Common Stock Options Exercise $13.1K +1.49K +0.28% $8.80* 532K May 24, 2022 Direct F1
transaction NONE Common Stock Options Exercise $0 -723 -0.14% $0.00 531K May 24, 2022 Direct F2
transaction NONE Common Stock Options Exercise $39K +4.08K +0.77% $9.55* 536K May 24, 2022 Direct F1
transaction NONE Common Stock Options Exercise $0 -2.15K -0.4% $0.00 533K May 24, 2022 Direct F2
transaction NONE Common Stock Options Exercise $0 -1.21K -0.23% $0.00 532K May 24, 2022 Direct F3
transaction NONE Common Stock Options Exercise $65.4K +8K +1.5% $8.18* 540K May 24, 2022 Direct
transaction NONE Common Stock Options Exercise $52.8K +6K +1.11% $8.80* 546K May 24, 2022 Direct
transaction NONE Common Stock Options Exercise $57.3K +6K +1.1% $9.55* 552K May 24, 2022 Direct
transaction NONE Common Stock Options Exercise $63.3K +6K +1.09% $10.55* 558K May 24, 2022 Direct
transaction NONE Common Stock Options Exercise $77.8K +6.43K +1.15% $12.10* 565K May 24, 2022 Direct
holding NONE Common Stock 32 May 24, 2022 By Son
holding NONE Common Stock 109K May 24, 2022 By 401(k) Plan F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NONE Stock Appreciation Rights (2017) Options Exercise $0 -1.49K -100% $0.00* 0 May 24, 2022 Common Stock 1.49K $8.80 Direct F5
transaction NONE Stock Appreciation Rights (2018) Options Exercise $0 -4.08K -100% $0.00* 0 May 24, 2022 Common Stock 4.08K $9.55 Direct F5
transaction NONE Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -8K -100% $0.00* 0 May 24, 2022 Common Stock 8K $8.18 Direct F6
transaction NONE Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6K -100% $0.00* 0 May 24, 2022 Common Stock 6K $8.80 Direct F7
transaction NONE Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6K -100% $0.00* 0 May 24, 2022 Common Stock 6K $9.55 Direct F7
transaction NONE Nonqualified Stock Option (Right to Buy) Options Exercise $0 -6K -100% $0.00* 0 May 24, 2022 Common Stock 6K $10.55 Direct F7
transaction NONE Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -6.43K -100% $0.00* 0 May 24, 2022 Common Stock 6.43K $12.10 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Exercise of SARs.
F2 Deemed disposition back to the company upon exercise of Stock Settled Appreciation Rights (SARs).
F3 Payment of taxes in connection with SARs pay-out.
F4 This total reflects routine accumulation of 108,569.2427 common shares acquired through the Company's 401(K) benefit plan as of May 24, 2022, based on internal records.
F5 These stock appreciation rights become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
F6 These options become exercisable in 20% installments on each anniversary of the grant date beginning June 28, 2017.
F7 These shares vested and became fully exercisable upon Mr. Stief's retirement.