CHEMED CORP — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2011-01-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-04	capital stock	M	5000	$38.13	Acquired	19195	Direct
2011-01-04	capital stock	F	3655	$63.96	Disposed	15540	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-04	stock option(right to buy with tandem tax withholding)	$38.13	M	5000	Disposed	2015-03-11	capital stock (5000)	Direct

Footnotes

F1: Payment of purchase price and tax obligation on stock option exercise.