CHESAPEAKE UTILITIES CORP — Director's Dealing 2016

Feb 24, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHESAPEAKE UTILITIES CORP (CPK)
CIK: 0000019745
Period of Report: 2016-02-22

Reporting Person: MCMASTERS MICHAEL P (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-22	Common Stock	A	15010	$64	Acquired	118972	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19519	Indirect
Common Stock	53	Indirect

Footnotes

F1: A portion of these shares will be withheld to account for the payment of the tax liability associated with the issuance of the shares. Such tax liability has not been determined. The tax liability, when determined, will be reflected on an amendment to this Form 4 or a subsequently filed Form 4.

F2: Includes 556 shares for the reporting person that were acquired since last filing through reinvestment of dividends under Chesapeake Utilities Corporation's Dividend Reinvestment and Direct Stock Purchase Plan.

F3: Of these shares, 42,879 represent deferred stock units that will be settled on a one-for-one basis in common stock.

F4: Includes 91 shares that were acquired for the reporting person through the reinvestment of dividends under the Company's 401(k) Plan since last filing.