CHEMED CORP — Director's Dealing 2020

May 26, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2020-05-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-22	capital stock	M	1000	$157.36	Acquired	33842	Direct
2020-05-22	capital stock	M	3000	$135.85	Acquired	36842	Direct
2020-05-22	capital stock	F	2565	$475.46	Disposed	34277	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-22	stock option(right to buy with tandem tax withholding)	$157.36	M	1000	Disposed	2020-11-06	capital stock (1000)	Direct
2020-05-22	stock option(right to buy with tandem tax withholding)	$135.85	M	3000	Disposed	2021-11-04	capital stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
capital stock	5900	Indirect
capital stock	6070	Indirect
capital stock	6058	Indirect
capital stock	3026	Indirect

Footnotes

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

F2: vesting in three equal annual installments commencing 11/6/2016.

F3: Vesting in three equal annual installments commencing 11/04/2017