CHEMED CORP — Director's Dealing 2014

Feb 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2014-02-20

Reporting Person: HUTTON THOMAS C (Director, vice president)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-20	capital stock	M	5000	$63.36	Acquired	34305	Direct
2014-02-20	capital stock	F	4231	$83.51	Disposed	30074	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-20	stock option(right to buy with tandem tax withholding)	$63.36	M	5000	Disposed	2022-02-17	capital stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
capital stock	3026	Indirect
capital stock	6058	Indirect
capital stock	6070	Indirect
capital stock	5900	Indirect

Footnotes

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

F2: exercisable in 3 equal annual installments commencing 2/17/2013.