Filing Details
- Accession Number:
- 0001209191-19-012978
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-25 16:19:47
- Reporting Period:
- 2019-02-22
- Accepted Time:
- 2019-02-25 16:19:47
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 19584 | Chemed Corp | CHE | Services-Home Health Care Services (8082) | 310791746 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1207134 | S Spencer Lee | 2500 Chemed Center 255 East 5Th Street Cincinnati OH 45202 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Capital Stock | Acquisiton | 2019-02-22 | 1,206 | $322.40 | 31,710 | No | 4 | M | Direct | |
| Capital Stock | Acquisiton | 2019-02-22 | 854 | $322.40 | 32,564 | No | 4 | M | Direct | |
| Capital Stock | Disposition | 2019-02-22 | 917 | $322.40 | 31,647 | No | 4 | F | Direct | |
| Capital Stock | Acquisiton | 2019-02-25 | 12,500 | $157.36 | 44,147 | No | 4 | M | Direct | |
| Capital Stock | Disposition | 2019-02-25 | 9,098 | $322.40 | 35,049 | No | 4 | F | Direct | |
| Capital Stock | Disposition | 2019-02-25 | 3,514 | $326.75 | 31,535 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Capital Stock | stock option(right to buy with tandem tax withholding) | Disposition | 2019-02-25 | 12,500 | $157.36 | 12,500 | $157.36 |
| Capital Stock | performance stock units | Disposition | 2019-02-22 | 593 | $0.00 | 593 | $0.00 |
| Capital Stock | performance stock units | Disposition | 2019-02-22 | 593 | $0.00 | 593 | $0.00 |
| Capital Stock | performance stock units | Acquisiton | 2019-02-22 | 662 | $0.00 | 662 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 24,600 | 2020-11-06 | No | 4 | M | Direct | |
| 2,385 | No | 4 | M | Direct | ||
| 1,792 | No | 4 | M | Direct | ||
| 2,454 | No | 4 | A | Direct |
Footnotes
- The number of performance share units ("PSU's") that vested was based on the Company's achieving adjusted earnings per share growth rate for the period January 1, 2016 through December 31, 2018. The actual performance of 20.52% yielded an award of 200% of target; including the reinvestment of dividends paid during such period, the award is 203.3% of target.
- The number of PSU's that vested was based on the Company's achieving relative total shareholder returns for the period January 1, 2016 through December 31, 2018, compared to a defined peer group of companies. The Company's performance ranked in the 70th percentile of that group, yielding an award of 141.7%; including the reinvestment of dividends paid during such period, the award is 144.0% of target.
- Shares withheld to satisfy tax obligations in connection with vesting of PSU's.
- Payment of purchase price and tax obligation on stock option exercise.
- vesting in three equal annual installments commencing 11/6/2016.
- Each PSU reflects the contingent right to receive a variable number of shares of capital stock based on achieving performance goals. PSU's were settled in shares on their scheduled vesting date as determined by the Compensation Committee.
- PSU's awarded February 22, 2016 vest based on achievement of performance targets over a period of January 1, 2016 to December 31, 2018. The determination of the performance level was to be made by March 15, 2019.
- Each performance stock unit represents a contingent right to receive one share of Chemed Capital Stock
- Performance stock units vest based on the extent to which the Company achieves certain performance targets over a performance period of January 1, 2019 to December 31, 2021. The determination of the performance level is to be made by March 15, 2022 and earned shares to be delivered thereafter
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