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
  1. 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.
  2. Shares surrendered in connection with the exercise of Non-Qualified Stock Option shares.
  3. On March 16, 2017, the grant date of certain PRSUs and SARs were incorrectly reported as March 14, 2017, rather than March 3, 2017.
  4. Exercise of SARs upon retirement.
  5. 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.
  6. These shares vested and became fully exercisable upon Mr. Abernathy's retirement.
  7. Exercise of SARs which became fully vested upon Mr. Abernathy's retirement.