CHEMED CORP — Director's Dealing 2013

Nov 12, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2013-11-08

Reporting Person: MCNAMARA KEVIN J (Director, president and CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-08	performance stock units	$	A	9524	Acquired		capital stock (9524)	Direct
2013-11-08	stock option(right to buy with tandem tax withholding)	$70.30	A	50899	Acquired	2023-11-08	capital stock (50899)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
capital stock	190469	Direct

Footnotes

F1: each performance stock unit represents a contingent right to receive one share of Chemed capital stock

F2: performance stock units vest based on the extent to which the Company achieves certain performance targets over a performance period of January 1, 2013-December 31, 2015. The determination of the performance level is to be made by March 15, 2016 and earned shares to be delivered thereafter

F3: Vesting in three equal annual installments commencing 11/8/2014.