CHEMED CORP — Director's Dealing 2016

Nov 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2016-11-14

Reporting Person: LEE SPENCER S (executive vice president)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-14	capital stock	S	4500	$150.22	Disposed	35367	Direct
2016-11-15	capital stock	M	4500	$65.17	Acquired	39867	Direct
2016-11-15	capital stock	M	10357	$70.30	Acquired	50224	Direct
2016-11-15	capital stock	F	11022	$149.39	Disposed	39202	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-15	stock option(right to buy with tandem tax withholding)	$65.17	M	4500	Disposed	2021-02-18	capital stock (4500)	Direct
2016-11-15	stock option(right to buy with tandem tax withholding)	$70.30	M	10357	Disposed	2023-11-08	capital stock (10357)	Direct

Footnotes

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

F2: vesting in three equal annual installments commencing 02/18/2012.

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