Filing Details
- Accession Number:
- 0001643139-18-000006
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-05-30 14:53:14
- Reporting Period:
- 2018-03-30
- Accepted Time:
- 2018-05-30 14:53:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 277638 | Davey Tree Expert Co | NONE | Agricultural Services (700) | 340176110 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1643139 | S Lawrence Abernathy | 1500 N. Mantua Street Kent OH 44240 | Vp & Gm, Davey Tree Surgery Co | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2018-03-30 | 4,262 | $0.00 | 88,449 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-05-29 | 16,063 | $0.00 | 72,386 | Yes | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,000 | $8.00 | 76,386 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 12,000 | $8.30 | 88,386 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,000 | $11.60 | 92,386 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 3,000 | $13.20 | 95,386 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 2,000 | $15.05 | 97,386 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 2,000 | $16.35 | 99,386 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 1,500 | $17.60 | 100,886 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 2,400 | $8.20 | 103,286 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,000 | $8.30 | 107,286 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,000 | $9.20 | 111,286 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,000 | $9.85 | 115,286 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,000 | $11.60 | 119,286 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,200 | $13.20 | 123,486 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 4,200 | $15.05 | 127,686 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 6,300 | $16.35 | 133,986 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-05-29 | 3,200 | $17.60 | 137,186 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-05-29 | 23,741 | $0.00 | 113,445 | No | 4 | D | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| Yes | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Subscription Rights (Right to Buy) | Disposition | 2018-03-30 | 4,262 | $0.00 | 4,262 | $9.85 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2018-05-29 | 4,000 | $0.00 | 4,000 | $8.00 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2018-05-29 | 12,000 | $0.00 | 12,000 | $8.30 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2018-05-29 | 4,000 | $0.00 | 4,000 | $11.60 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2018-05-29 | 3,000 | $0.00 | 3,000 | $13.20 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2018-05-29 | 2,000 | $0.00 | 2,000 | $15.05 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2018-05-29 | 2,000 | $0.00 | 2,000 | $16.35 |
| Common Stock | Non-Qualified Stock Option (Right to Buy) | Disposition | 2018-05-29 | 1,500 | $0.00 | 1,500 | $17.60 |
| Common Stock | Stock Appreciation Rights (2009) | Disposition | 2018-05-29 | 2,400 | $0.00 | 2,400 | $8.20 |
| Common Stock | Stock Appreciation Rights (2010) | Disposition | 2018-05-29 | 4,000 | $0.00 | 4,000 | $8.30 |
| Common Stock | Stock Appreciation Rights (2011) | Disposition | 2018-05-29 | 4,000 | $0.00 | 4,000 | $9.20 |
| Common Stock | Stock Appreciation Rights (2012) | Disposition | 2018-05-29 | 4,000 | $0.00 | 4,000 | $9.85 |
| Common Stock | Stock Appreciation Rights (2013) | Disposition | 2018-05-29 | 4,000 | $0.00 | 4,000 | $11.60 |
| Common Stock | Stock Appreciation Rights (2014) | Disposition | 2018-05-29 | 4,200 | $0.00 | 4,200 | $13.20 |
| Common Stock | Stock Appreciation Rights (2015) | Disposition | 2018-05-29 | 4,200 | $0.00 | 4,200 | $15.05 |
| Common Stock | Stock Appreciation Rights (2016) | Disposition | 2018-05-29 | 6,300 | $0.00 | 6,300 | $16.35 |
| Common Stock | Stock Appreciation Rights (2017) | Disposition | 2018-05-29 | 3,200 | $0.00 | 3,200 | $17.60 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 710 | 2012-08-01 | 2019-08-01 | No | 4 | M | Direct |
| 0 | 2010-11-02 | 2019-11-02 | No | 4 | M | Direct |
| 0 | 2011-11-01 | 2020-11-01 | No | 4 | M | Direct |
| 0 | 2014-06-24 | 2023-06-24 | No | 4 | M | Direct |
| 0 | 2015-06-30 | 2024-06-30 | No | 4 | M | Direct |
| 0 | 2016-06-29 | 2025-06-29 | No | 4 | M | Direct |
| 0 | 2017-06-28 | 2026-06-28 | No | 4 | M | Direct |
| 0 | 2018-06-23 | 2027-06-23 | No | 4 | M | Direct |
| 0 | 2010-03-10 | 2018-12-31 | No | 4 | M | Direct |
| 0 | 2011-03-09 | 2019-12-31 | No | 4 | M | Direct |
| 0 | 2012-03-11 | 2020-12-31 | No | 4 | M | Direct |
| 0 | 2013-03-07 | 2021-12-31 | No | 4 | M | Direct |
| 0 | 2014-03-07 | 2022-12-31 | No | 4 | M | Direct |
| 0 | 2015-03-07 | 2023-12-31 | No | 4 | M | Direct |
| 0 | 2016-03-06 | 2024-12-31 | No | 4 | M | Direct |
| 0 | 2017-03-04 | 2025-12-31 | No | 4 | M | Direct |
| 0 | 2018-03-10 | 2026-12-31 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 98,579 | Indirect | By 401(K) |
Footnotes
- Reflects exercise of stock subscription rights. The reported rights to purchase shares of the Company's common stock were acquired in the Company's stock subscription offering to employees and non-employee directors in accordance with the provisions of The Davey Tree Expert Company 2004 Omnibus Stock Plan (the "Plan"). All participants in the offering purchasing in excess of $5,000 of common stock were granted a "right" to purchase one additional share of common stock, at a price of $19.70 per share, for every three shares of common stock purchased under the Plan. Each "right" may be exercised at the rate of 1/7 per year beginning on August 1, 2012, expiring upon the earlier of termination of employment or July 31, 2019. Mr. Abernathy's remaining rights to purchase 710 shares of the Company's common stock were forfeited upon his retirement from the Company.
- Shares surrendered in connection with the exercise of Non-Qualified Stock Option shares.
- On March 16, 2017, the grant date of certain PRSUs and SARs were incorrectly reported as March 14, 2017, rather than March 3, 2017.
- Exercise of SARs upon retirement.
- This total reflects routine accumulation of 98,579.3884 common shares acquired through the Company's 401(K) benefit plan as of May 29, 2018, based on internal records.
- These shares vested and became fully exercisable upon Mr. Abernathy's retirement.
- Exercise of SARs which became fully vested upon Mr. Abernathy's retirement.
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