DAVEY TREE EXPERT CO·4

Mar 21, 4:08 PM ET

Doyle James Edgar 4

4 · DAVEY TREE EXPERT CO · Filed Mar 21, 2025

Insider Transaction Report

Form 4
Period: 2025-03-21
Doyle James Edgar
EVP & GM, Canada Operations
Transactions
  • Exercise/Conversion

    Stock Appreciation Rights (2017)

    2025-03-216,4000 total
    Exercise: $8.80From: 2018-03-03Exp: 2027-03-03Common Stock (6,400 underlying)
  • Exercise/Conversion

    Common Stock

    2025-03-21$8.80/sh+6,400$56,320188,176 total
  • Exercise/Conversion

    Common Stock

    2025-03-21$9.55/sh+9,666$92,310197,842 total
  • Tax Payment

    Common Stock

    2025-03-21$24.10/sh9,729$234,469177,670 total
  • Exercise/Conversion

    Stock Appreciation Rights (2018)

    2025-03-219,6660 total
    Exercise: $9.55From: 2019-03-09Exp: 2028-03-09Common Stock (9,666 underlying)
  • Exercise/Conversion

    Common Stock

    2025-03-21$7.53/sh+12,600$94,878177,725 total
  • Tax Payment

    Common Stock

    2025-03-21$24.10/sh4,612$111,149169,176 total
  • Sale

    Common Stock

    2025-03-21$24.10/sh10,443$251,676187,399 total
  • Tax Payment

    Common Stock

    2025-03-21$24.10/sh7,484$180,364170,186 total
  • Disposition to Issuer

    Common Stock

    2025-03-21$24.10/sh3,937$94,882173,788 total
  • Exercise/Conversion

    Common Stock

    2025-03-21$8.18/sh+12,600$103,068181,776 total
  • Exercise/Conversion

    Stock Appreciation Rights (2015)

    2025-03-2112,6000 total
    Exercise: $7.53From: 2016-03-06Exp: 2025-03-06Common Stock (12,600 underlying)
  • Exercise/Conversion

    Stock Appreciation Rights (2016)

    2025-03-2112,6000 total
    Exercise: $8.18From: 2017-03-04Exp: 2026-03-04Common Stock (12,600 underlying)
Footnotes (5)
  • [F1]Pursuant to their terms, Stock Appreciation Rights (SARs) were automatically exercised on March 6, 2025, which was the tenth anniversary of the grant date. March 20, 2025 is the earliest date on which Company was able to complete SARs calculations, based on the availability of its stock price valuation.
  • [F2]Distribution of Stock Appreciation Rights (SARs) pursuant to plan.
  • [F3]Payment of taxes in connection with SARs pay-out.
  • [F4]Exercise of SARs.
  • [F5]Payment of taxes related to PRSU and RSUs pay-out. Distribution of shares over three and five years.

Documents

1 file
  • 4
    wk-form4_1742587691.xmlPrimary

    FORM 4