CHEMED CORP — Director's Dealing 2018

May 10, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2018-05-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-09	capital stock	M	30000	$106.59	Acquired	168186	Direct
2018-05-09	capital stock	F	18616	$317.17	Disposed	149570	Direct
2018-05-09	capital stock	S	10000	$319.22	Disposed	139570	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-09	stock option(right to buy with tandem tax withholding)	$106.59	M	30000	Disposed	2024-11-07	capital stock (30000)	Direct

Footnotes

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

F2: Vesting in three equal annual installments commencing 11/7/2015