0001363607-18-000003.txt : 20180313
0001363607-18-000003.hdr.sgml : 20180313
20180313175517
ACCESSION NUMBER: 0001363607-18-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180309
FILED AS OF DATE: 20180313
DATE AS OF CHANGE: 20180313
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COVEY PATRICK M
CENTRAL INDEX KEY: 0001363607
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-11917
FILM NUMBER: 18687684
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_152097810354746.xml
FORM 4
X0306
4
2018-03-09
0
0000277638
DAVEY TREE EXPERT CO
NONE
0001363607
COVEY PATRICK M
1500 NORTH MANTUA STREET
KENT
OH
44240
1
1
0
0
President & CEO
Common Stock
2018-03-09
4
A
0
2028
19.10
A
78368
D
Common Stock
11197.5528
I
By 401(k) Plan
Stock Appreciation Rights
19.1
2018-03-09
4
A
0
16071
0
A
2018-03-09
2027-12-31
Common Stock
16071.0
16071
D
Upon the achievement of certain performance criteria, performance restricted stock units (PRSUs) were granted pursuant to the Company's performance restricted stock unit program, are payable in common shares, will be fully vested on the earlier of (a) the fifth anniversary of the grant date (the transaction date herein), (b) retirement (provided that the participant has attained the age of 55 years and has had at least five years of service with the Company), (c) total or permanent disability or death, or (d) certain events of termination, and will be paid no later than March 15 following the year in which the participant retires.
This total reflects routine accumulation of 11,197.5528 common shares acquired through the Company's 401(K) benefit plan as of March 13, 2018, based on internal records. The number of shares in the reporting person's 401(K) plan account has decreased due to administrative fees withheld by the plan administrator.
These stock appreciation rights become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
/s/Patrick M. Covey/Christopher J. Bast, by Power of Attorney
2018-03-13