CHEMED CORP — Director's Dealing 2011

Feb 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2011-02-25

Reporting Person: TUCKER ARTHUR V JR (vice president & controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-25	capital stock	M	7500	$38.13	Acquired	24231	Direct
2011-02-25	capital stock	F	916	$64.36	Disposed	23315	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-25	stock option(right to buy with tandem tax withholding)	$38.13	M	7500	Disposed	2015-03-11	capital stock (7500)	Direct

Footnotes

F1: Payment of tax obligation on stock option exercise.