0001572920-18-000002.txt : 20180313 0001572920-18-000002.hdr.sgml : 20180313 20180313180311 ACCESSION NUMBER: 0001572920-18-000002 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: Vaughn Mark J CENTRAL INDEX KEY: 0001572920 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11917 FILM NUMBER: 18687749 MAIL ADDRESS: STREET 1: 1500 NORTH MANTUA STREET CITY: KENT STATE: OH ZIP: 44240 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_152097857759864.xml FORM 4 X0306 4 2018-03-09 0 0000277638 DAVEY TREE EXPERT CO NONE 0001572920 Vaughn Mark J 1500 NORTH MANTUA STREET P.O. BOX 5193 KENT OH 44240-5193 0 1 0 0 VP/GM Eastern Utility Services Common Stock 2018-03-09 4 A 0 812 19.10 A 19066 D Common Stock 17374.6481 I By 401(k) Plan Stock Appreciation Rights 19.1 2018-03-09 4 A 0 4930 0 A 2018-03-09 2027-12-31 Common Stock 4930.0 4930 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 17,374.6481 common shares acquired through the Company's 401(K) benefit plan as of March 13, 2018, based on internal records. These stock appreciation rights become exercisable in five equal annual installments beginning on the first anniversary of the grant date. /s/Mark J. Vaughn/Christopher J. Bast, by Power of Attorney 2018-03-13