COVEY PATRICK M 4
4 · DAVEY TREE EXPERT CO · Filed Apr 16, 2024
Insider Transaction Report
Form 4
COVEY PATRICK M
DirectorChairman, President & CEO
Transactions
- Exercise/Conversion
Common Stock
2024-04-15$7.53/sh+12,000$90,360→ 539,139 total - Exercise/Conversion
Non-Qualified Stock Option (Right to Buy)
2024-04-15−12,000→ 0 totalExercise: $7.53From: 2016-06-29Exp: 2025-06-29→ Common Stock (12,000 underlying)
Holdings
- 1,000(indirect: By Sons)
Common Stock
- 27,862.752(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]This total reflects routine accumulation of 27,862.7516 common shares acquired through the Company's 401(K) benefit plan as of April 15, 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.
- [F2]These options become exercisable in 20% installments on each anniversary of the grant date beginning June 29, 2016.