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CHEMED CORP Director's Dealing 2015

Feb 23, 2015

30858_dirs_2015-02-23_90ae171c-d5e4-4d8d-94ba-53d7a4a17932.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2015-02-19

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-02-19 capital stock F 861 $113.63 Disposed 29797 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-02-20 performance stock units $ A 265 Acquired capital stock (265) Direct
2015-02-20 performance stock units $ A 265 Acquired capital stock (265) 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: stock award tax obligation

F2: each performance stock unit represents a contingent right to receive one share of Chemed capital stock

F3: The restricted stock units vest based on the extent to which the Company achieves certain Earnings per Share performance targets over a performance period of January 1, 2015 through December 31, 2017 with the determination of such performance level to be made no later than March 15, 2018 and earned shares of Capital Stock to be delivered thereafter.

F4: The restricted stock units vest based on the extent to which the Company achieves certain Total Shareholder Return performance targets over a performance period of January 1, 2015 through December 31, 2017 with the determination of such performance level to be made no later than March 15, 2018 and earned shares of Capital Stock to be delivered thereafter.