0001577289-17-000004.txt : 20170316 0001577289-17-000004.hdr.sgml : 20170316 20170316155848 ACCESSION NUMBER: 0001577289-17-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170314 FILED AS OF DATE: 20170316 DATE AS OF CHANGE: 20170316 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bast Christopher J CENTRAL INDEX KEY: 0001577289 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-11917 FILM NUMBER: 17694401 MAIL ADDRESS: STREET 1: 1500 NORTH MANTUA STREET CITY: KENT STATE: OH ZIP: 44240 4 1 wf-form4_148969431457966.xml FORM 4 X0306 4 2017-03-14 0 0000277638 DAVEY TREE EXPERT CO NONE 0001577289 Bast Christopher J 1500 NORTH MANTUA STREET P.O. BOX 5193 KENT OH 44240-5193 0 1 0 0 Treasurer Common Stock 2017-03-14 4 A 0 707 35.20 A 2860 D Common Stock 2017-03-14 4 A 0 154 35.20 A 3014 D Common Stock 550.3499 I By 401(K) Plan Stock Appreciation Rights (2017) 35.2 2017-03-14 4 A 0 1100 0 A 2018-03-14 2026-12-31 Common Stock 1100.0 1100 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. Reflects common shares granted pursuant to the Company's Management Incentive Plan. This total reflects routine accumulation of 550.3499 common shares acquired through the Company's 401(K) benefit plan as of March 14, 2017, 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/Christopher J. Bast/Joseph R. Paul, by Power of Attorney 2017-03-16