CHEMED CORP — Director's Dealing 2018

May 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: WILLIAMS DAVID PATRICK (executive vice president & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-09	capital stock	M	17756	$70.30	Acquired	55213	Direct
2018-05-09	capital stock	F	9858	$317.17	Disposed	45355	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)	$70.30	M	17756	Disposed	2023-11-08	capital stock (17756)	Direct

Footnotes

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

F2: Vesting in three equal annual installments commencing 11/8/2014.