4//SEC Filing
COVEY PATRICK M 4
Accession 0001363607-24-000006
CIK 0000277638other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 12:48 PM ET
Size
11.7 KB
Accession
0001363607-24-000006
Insider Transaction Report
Form 4
COVEY PATRICK M
DirectorChairman, President & CEO
Transactions
- Exercise/Conversion
Common Stock
2024-03-29$6.60/sh+51,600$340,560→ 561,974 total - Disposition to Issuer
Common Stock
2024-03-29$22.20/sh−15,341$340,570→ 546,633 total - Exercise/Conversion
Stock Appreciation Rights (2014)
2024-03-29−51,600→ 0 totalExercise: $6.60From: 2015-03-07Exp: 2023-12-31→ Common Stock (51,600 underlying) - Tax Payment
Common Stock
2024-03-29$22.20/sh−19,494$432,767→ 527,139 total
Holdings
- 1,000(indirect: By Sons)
Common Stock
- 27,862.752(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Pursuant to their terms, Stock Appreciation Rights (SARs) were automatically exercised on March 7, 2024, which was the tenth anniversary of the grant date. March 29, 2024 is the earliest date on which the Company was able to complete SARs calculations, based on the availability of its stock price valuation.
- [F2]Payment of taxes related to PRSU and RSUs pay-out. Distribution of shares over three years.
- [F3]This total reflects routine accumulation of 27,862.7516 common shares acquired through the Company's 401(K) benefit plan as of March 29, 2024, 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.
Documents
Issuer
DAVEY TREE EXPERT CO
CIK 0000277638
Entity typeother
Related Parties
1- filerCIK 0001363607
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 12:48 PM ET
- Size
- 11.7 KB