0001363607-23-000006.txt : 20230403
0001363607-23-000006.hdr.sgml : 20230403
20230403152847
ACCESSION NUMBER: 0001363607-23-000006
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: COVEY PATRICK M
CENTRAL INDEX KEY: 0001363607
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-11917
FILM NUMBER: 23792352
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_168055011607310.xml
FORM 4
X0407
4
2023-03-31
0
0000277638
DAVEY TREE EXPERT CO
NONE
0001363607
COVEY PATRICK M
1500 NORTH MANTUA STREET
KENT
OH
44240
1
1
0
0
Chairman, President & CEO
0
Common Stock
2023-03-31
4
M
0
49160
5.80
A
497228
D
Common Stock
2023-03-31
4
D
0
15412
18.50
D
481816
D
Common Stock
2023-03-31
4
M
0
10000
6.60
A
491816
D
Common Stock
500
I
By son
Common Stock
500
I
By son
Common Stock
27072.068
I
By 401(k) Plan
Stock Appreciation Rights (2013)
5.8
2023-03-31
4
M
0
49160
0
D
2014-03-07
2023-03-07
Common Stock
49160.0
0
D
Non-Qualified Stock Option (Right to Buy)
6.6
2023-03-31
4
M
0
10000
0
D
2015-06-30
2024-06-30
Common Stock
10000.0
0
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.
This total reflects routine accumulation of 27,072.0680 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 30, 2015.
/s/Patrick M. Covey/Christopher J. Bast, by Power of Attorney
2023-04-03