Donald C. Brown - 22 Oct 2021 Form 4 Insider Report for DAVEY TREE EXPERT CO (NONE)

Role
Director
Signature
/s/Donald C. Brown, Christopher J. Bast, by Power of Attorney
Issuer symbol
NONE
Transactions as of
22 Oct 2021
Net transactions value
$0
Form type
4
Filing time
22 Oct 2021, 12:51:07 UTC
Previous filing
20 May 2021
Next filing
15 Dec 2021

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 Phantom Stock Award $0 +52 +0.31% $0.000000 16,897 22 Oct 2021 Common Stock 52 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit of phantom stock is the economic equivalent of one share of common stock. These units of phantom stock become payable, in cash, upon the reporting person's termination of service as a director.
F2 All share totals and prices reflect a 2-for-1 stock split effective October 1, 2021.