0001362786-23-000006.txt : 20230403 0001362786-23-000006.hdr.sgml : 20230403 20230403153317 ACCESSION NUMBER: 0001362786-23-000006 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230403 DATE AS OF CHANGE: 20230403 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PAUL JOSEPH R CENTRAL INDEX KEY: 0001362786 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11917 FILM NUMBER: 23792374 MAIL ADDRESS: STREET 1: 1500 NORTH MANTUA STREET STREET 2: PO BOX 5193 CITY: KENT STATE: OH ZIP: 44240-5193 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: DAVEY TREE EXPERT CO CENTRAL INDEX KEY: 0000277638 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE SERVICES [0700] IRS NUMBER: 340176110 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1500 N MANTUA ST STREET 2: P O BOX 5193 CITY: KENT STATE: OH ZIP: 44240-5193 BUSINESS PHONE: 3306739511 MAIL ADDRESS: STREET 1: 1500 NORTH MANTUA STREET STREET 2: P O BOX 5193 CITY: KENT STATE: OH ZIP: 44240-5193 4 1 wf-form4_168055038580169.xml FORM 4 X0407 4 2023-03-31 0 0000277638 DAVEY TREE EXPERT CO NONE 0001362786 PAUL JOSEPH R 1500 NORTH MANTUA STREET KENT OH 44240 0 1 0 0 EVP & CFO 0 Common Stock 2023-03-31 4 M 0 41320 5.80 A 345580 D Common Stock 2023-03-31 4 D 0 12954 18.50 D 332626 D Common Stock 2023-03-31 4 M 0 12793 18.50 D 319833 D Common Stock 2023-03-31 4 M 0 1200 8.80 A 321033 D Common Stock 2023-03-31 4 M 0 1200 9.55 A 322233 D Common Stock 2023-03-31 4 M 0 1200 10.55 A 323433 D Common Stock 2023-03-31 4 M 0 1286 12.10 A 324719 D Common Stock 21100.2599 I By 401(k) Plan Stock Appreciation Rights (2013) 5.8 2023-03-31 4 M 0 41320 0 D 2014-03-07 2023-03-07 Common Stock 41320.0 0 D Non-Qualified Stock Option (Right to Buy) 8.8 2023-03-31 4 M 0 1200 0 D 2018-06-23 2027-06-23 Common Stock 1200.0 0 D Nonqualified Stock Option (Right to Buy) 9.55 2023-03-31 4 M 0 1200 0 D 2019-06-28 2028-06-28 Common Stock 1200.0 1200 D Nonqualified Stock Option (Right to Buy) 10.55 2023-03-31 4 M 0 1200 0 D 2020-03-07 2029-03-07 Common Stock 1200.0 1200 D Non-Qualified Stock Option (Right to Buy) 12.1 2023-03-31 4 M 0 1286 0 D 2021-03-05 2030-03-05 Common Stock 1286.0 2572 D Pursuant to their terms, Stock Appreciation Rights (SARs) were automatically exercised on March 7, 2023, which was the tenth anniversary of the grant date. March 31, 2023 is the earliest date on which the Company was able to complete SARs calculations, based on the availability of its stock price valuation. Payment of taxes in connection with SARs pay-out. This total reflects routine accumulation of 21,100.2599 common shares acquired through the Company's 401(K) benefit plan as of March 31, 2023, based on internal records. These options become exercisable in 20% installments on each anniversary of the grant date beginning June 23, 2018. These options become exercisable in 20% installments on each anniversary of the grant date beginning June 28, 2019. These options become exercisable in 20% installments on each anniversary of the grant date beginning March 7, 2020. These options become exercisable in 20% installments on each anniversary of the grant date beginning March 5, 2021. /s/Joseph R. Paul, Christopher J. Bast, by Power of Attorney 2023-04-03