SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Ina Gregory M

(Last) (First) (Middle)
1500 NORTH MANTUA STREET

(Street)
KENT OH 44240

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2016
3. Issuer Name and Ticker or Trading Symbol
DAVEY TREE EXPERT CO [ NONE ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & GM, The Davey Institute
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 16,526 D
Common Stock 4,916.5098(1) I By 401(K)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)(2) 06/05/2007 06/05/2016 Common Stock 8,000 $11.25 D
Non-Qualified Stock Option (Right to Buy)(2) 11/02/2010 11/02/2019 Common Stock 2,000 $16 D
Non-Qualified Stock Option (Right to Buy)(2) 06/24/2014 06/24/2023 Common Stock 2,000 $23.2 D
Non-Qualified Stock Option (Right to Buy)(2) 06/30/2015 06/30/2024 Common Stock 1,000 $26.4 D
Non-Qualified Stock Option (Right to Buy)(2) 06/29/2016 06/29/2025 Common Stock 500 $30.1 D
Stock Appreciation Rights (2009)(3) 03/10/2010 12/31/2018 Common Stock 1,000 $16.4 D
Stock Appreciation Rights (2010)(3) 03/09/2011 12/31/2019 Common Stock 1,000 $16.6 D
Stock Appreciation Rights (2011)(3) 03/10/2012 12/31/2020 Common Stock 1,200 $18.4 D
Stock Appreciation Rights (2012)(3) 03/07/2013 12/31/2021 Common Stock 2,000 $19.7 D
Stock Appreciation Rights (2013)(3) 03/07/2014 12/31/2022 Common Stock 2,000 $23.2 D
Stock Appreciation Rights (2014)(3) 03/07/2015 12/31/2023 Common Stock 2,100 $26.4 D
Stock Appreciation Rights (2015)(3) 03/06/2016 12/31/2024 Common Stock 2,100 $30.1 D
Stock Appreciation Rights (2016)(3) 03/07/2017 12/31/2025 Common Stock 2,100 $32.7 D
Stock Subscription Rights (Right to Buy)(4) 08/01/2012 08/01/2019 Common Stock 1,334 $19.7 D
Explanation of Responses:
1. The securities reported herein were acquired pursuant to The Davey Tree Expert Company's Employee Stock Ownership Plan and were accrued in the reporting person's account on the indicated date. This total reflects accumulation of 4,916.5098 common shares acquired through the Company's 401(K) benefit plan as of March 31, 2016, based on internal records.
2. These options vest and become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
3. These stock appreciation rights become exercisable in five equal annual installments beginning on the first anniversary of the grant date.
4. The reported stock subscription rights to purchase shares of the Company's common stock were acquired in the Company's stock subscription offering to employees and non-employee directors in accordance with the provisions of The Davey Tree Expert Company 2004 Omnibus Stock Plan (the "Plan"). All participants in the offering purchasing in excess of $5,000 of common stock were granted a "right" to purchase one additional share of common stock, at a price of $19.70 per share, for every three shares of common stock purchased under the Plan. Each "right" may be exercised at the rate of 1/7 per year beginning on August 1, 2012 and will expire on July 31, 2019.
Remarks:
/s/Gregory M. Ina, Christopher J. Bast, by Power of Attorney 03/31/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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