CHEMED CORP — Director's Dealing 2011

Feb 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2011-02-18

Reporting Person: WILLIAMS DAVID PATRICK (executive vice president & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-18	capital stock	A	3790	$65.17	Acquired	67541	Direct
2011-02-18	capital stock	A	4600	$65.17	Acquired	72141	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-18	stock option(right to buy with tandem tax withholding)	$65.17	A	35000	Acquired	2011-02-18	capital stock (35000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
capital stock	1600	Indirect

Footnotes

F1: award of restricted stock vesting in full 2/18/2015.

F2: award of LTIP restricted stock vesting in full 2/18/2015.

F3: exercisable in 3 equal annual installments commencing 2/18/2012.