CHESAPEAKE UTILITIES CORP — Director's Dealing 2017

Feb 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHESAPEAKE UTILITIES CORP (CPK)
CIK: 0000019745
Period of Report: 2017-02-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-23	Common Stock	A	12951	$67.4	Acquired	127647	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19565	Indirect
Common Stock	54	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: Of these shares, 43,710 represent deferred stock units that will be settled on a one-for-one basis in common stock.

F3: Includes 201 shares for the reporting person that were acquired since last filing through reinvestment of dividends under Chesapeake Utilities Corporation's Automatic Dividend Reinvestment and Direct Stock Purchase Plan.

F4: Includes 42 shares of common stock that the reporting person acquired under the 401(k) Plan between January 2017 and February 2017. Dividends payable on 401k Plan shares were reinvested to purchase 88 additional shares of Chesapeake Utilities Corporation common stock since last filing.