CHEMED CORP — Director's Dealing 2014

Nov 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2014-11-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-26	capital stock	G	110	$90.72	Disposed	182929	Direct
2014-11-04	capital stock	M	30000	$67.96	Acquired	212929	Direct
2014-11-04	capital stock	F	24315	$104.68	Disposed	188614	Direct
2014-11-04	capital stock	S	4000	$104.13	Disposed	184614	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-04	stock option(right to buy with tandem tax withholding)	$67.96	M	30000	Disposed	2017-05-21	capital stock (30000)	Direct

Footnotes

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

F2: exercisable in three equal annual installments commencing 5/21/2008.