Sec Form 3 Filing - DAY JOSEPH EDWARD III @ DAVEY TREE EXPERT CO - 2022-05-18

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DAY JOSEPH EDWARD III
2. Issuer Name and Ticker or Trading Symbol
DAVEY TREE EXPERT CO [ NONE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, US Residential Operations
(Last) (First) (Middle)
1500 N MANTUA ST
3. Date of Earliest Transaction (MM/DD/YY)
05/18/2022
(Street)
KENT, OH44240
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 292,519 D
Common Stock 64 I By Daughter
Common Stock 68,481.9675( 1 ) I By 401KSOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 5.8 06/24/2014 06/24/2023 Common Stock 4,000 D
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 6.6 06/30/2015 06/30/2024 Common Stock 8,000 D
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 7.53 06/29/2016 06/29/2025 Common Stock 4,000 D
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 8.18 06/28/2017 06/28/2026 Common Stock 6,000 D
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 8.8 06/23/2018 06/23/2027 Common Stock 4,000 D
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 9.55 06/28/2019 06/28/2028 Common Stock 4,000 D
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 10.55 06/12/2020 06/12/2029 Common Stock 3,630 D
Non-Qualified Stock Option (Right to Buy)( 2 ) $ 12.1 06/17/2021 06/17/2030 Common Stock 3,800 D
Stock Appreciation Rights (2013)( 3 ) $ 5.8 03/07/2014 03/07/2023 Common Stock 4,800 D
Stock Appreciation Rights (2014)( 3 ) $ 6.6 03/07/2015 03/07/2024 Common Stock 8,400 D
Stock Appreciation Rights (2015)( 3 ) $ 7.53 03/06/2016 03/06/2025 Common Stock 8,400 D
Stock Appreciation Rights (2016)( 3 ) $ 8.18 03/04/2017 03/04/2026 Common Stock 8,400 D
Stock Appreciation Rights (2017)( 3 ) $ 8.8 03/03/2018 03/03/2027 Common Stock 4,400 D
Stock Appreciation Rights (2018)( 3 ) $ 9.55 03/09/2019 03/09/2028 Common Stock 8,698 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DAY JOSEPH EDWARD III
1500 N MANTUA ST
KENT, OH44240
EVP, US Residential Operations
Signatures
/s Joseph Edward Day/Christopher J. Bast, by Power of Attorney 05/19/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This total reflects routine accumulation of 68,481.9675 common shares acquired through the Company's 401(K) benefit plan as of May 18, 2022, 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.

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