CHEMED CORP — Director's Dealing 2017

Nov 8, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2017-11-07

Reporting Person: Dallob Naomi C (VP and Chief Legal Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-07	capital stock	M	4000	$135.85	Acquired	10426	Direct
2017-11-07	capital stock	F	3098	$231.59	Disposed	7328	Direct
2017-11-07	capital stock	M	6400	$157.36	Acquired	13728	Direct
2017-11-07	capital stock	F	5281	$231.59	Disposed	8447	Direct
2017-11-08	capital stock	S	1900	$231.00	Disposed	6547	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-07	stock option(right to buy with tandem tax withholding)	$135.85	M	4000	Disposed	2021-11-04	capital stock (4000)	Direct
2017-11-07	stock option(right to buy with tandem tax withholding)	$157.36	M	6400	Disposed	2020-11-06	capital stock (6400)	Direct

Footnotes

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

F2: Vesting in three equal annual installments commencing 11/04/2017

F3: vesting in three equal annual installments commencing 11/6/2016.