LAWRENCE R. EVANS - 18 May 2022 Form 3 Insider Report for DAVEY TREE EXPERT CO

Signature
/s/Lawrence R. Evans, Christopher J. Bast by Power of Attorney
Issuer symbol
N/A
Transactions as of
18 May 2022
Net transactions value
$0
Form type
3
Filing time
20 May 2022, 10:45:18 UTC
Next filing
15 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding Common Stock 207,939 18 May 2022 Direct
holding Common Stock 33,700 18 May 2022 By 401KSOP F1

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
holding Non-Qualified Stock Option (Right to Buy) 18 May 2022 Common Stock 4,000 $8.18 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 18 May 2022 Common Stock 3,000 $8.80 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 18 May 2022 Common Stock 3,400 $9.55 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 18 May 2022 Common Stock 3,630 $10.55 Direct F2
holding Non-Qualified Stock Option (Right to Buy) 18 May 2022 Common Stock 4,000 $12.10 Direct F2
holding Stock Appreciation Rights (2013) 18 May 2022 Common Stock 4,800 $5.80 Direct F3
holding Stock Appreciation Rights (2014) 18 May 2022 Common Stock 5,000 $6.60 Direct F3
holding Stock Appreciation Rights (2015) 18 May 2022 Common Stock 5,000 $7.53 Direct F3
holding Stock Appreciation Rights (2016) 18 May 2022 Common Stock 8,400 $8.18 Direct F3
holding Stock Appreciation Rights (2017) 18 May 2022 Common Stock 4,400 $8.80 Direct F3
holding Stock Appreciation Rights (2018) 18 May 2022 Common Stock 8,638 $9.55 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This total reflects routine accumulation of 33,700.2210 common shares acquired through the Company's 401(K) benefit plan as of May 18, 2022, based on internal records.
F2 These options vest and become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
F3 These stock appreciation rights become exercisable in five equal annual installments beginning on the first anniversary of the grant date.