0000950170-24-017019.txt : 20240220
0000950170-24-017019.hdr.sgml : 20240220
20240220152213
ACCESSION NUMBER: 0000950170-24-017019
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240216
FILED AS OF DATE: 20240220
DATE AS OF CHANGE: 20240220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Judkins Brian C
CENTRAL INDEX KEY: 0001823398
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08351
FILM NUMBER: 24652902
MAIL ADDRESS:
STREET 1: 255 EAST FIFTH STREET
STREET 2: SUITE 2600
CITY: CINCINNATI
STATE: OH
ZIP: 45202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CHEMED CORP
CENTRAL INDEX KEY: 0000019584
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HOME HEALTH CARE SERVICES [8082]
ORGANIZATION NAME: 08 Industrial Applications and Services
IRS NUMBER: 310791746
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: SUITE 2600
STREET 2: 255 E FIFTH ST
CITY: CINCINNATI
STATE: OH
ZIP: 45202
BUSINESS PHONE: (513)762-6690
MAIL ADDRESS:
STREET 1: SUITE 2600
STREET 2: 255 E FIFTH STREET
CITY: CINCINNATI
STATE: OH
ZIP: 45202-4726
FORMER COMPANY:
FORMER CONFORMED NAME: ROTO-ROOTER INC
DATE OF NAME CHANGE: 20030613
FORMER COMPANY:
FORMER CONFORMED NAME: CHEMED CORP
DATE OF NAME CHANGE: 19920703
4
1
ownership.xml
4
X0508
4
2024-02-16
0000019584
CHEMED CORP
CHE
0001823398
Judkins Brian C
255 EAST FIFTH STREET
SUITE 2600
CINCINNATI
OH
45202
false
true
false
false
VP and Chief Legal Officer
false
Capital Stock
2024-02-16
4
M
false
147
586.49
A
622
D
Capital Stock
2024-02-16
4
M
false
221
586.49
A
843
D
Capital Stock
2024-02-16
4
F
false
110
586.49
D
733
D
Performance Share Units
2024-02-16
4
M
false
236
0.00
D
Capital Stock
236
1352
D
Performance Share Units
2024-02-16
4
M
false
236
0.00
D
Capital Stock
236
1116
D
Performance Share Units
2024-02-16
4
A
false
648
0.00
A
Capital Stock
648
1764
D
The number of performance share units ("PSUs") that vested was based on the Company's achieving adjusted earnings per share growth rate for the period January 1, 2021 through December 31, 2023. The actual performance of 5.47% yielded an award of 61.7% of target; including the reinvestment of dividends paid during such period, the award is 62.2% of target.
The number of PSUs that vested was based on the Company's achieving relative total shareholder returns for the period January 1, 2021 through December 31, 2023 compared to a defined peer group of companies. The Company's performance ranked in the 47th percentile of that group, yielding an award of 92.6%; including the reinvestment of dividends paid during such period, the award is 93.4% of target.
Shares withheld to satisfy tax obligations in connection with vesting of PSUs.
Each PSU reflects the contingent right to receive a variable number of shares of capital stock based on achieving performance goals. PSUs were settled in shares on their scheduled vesting date as determined by the Compensation Committee.
PSUs awarded February 19, 2021 vest based on achievement of performance targets over a period of January 1, 2021 through December 31, 2023. The determination of the performance level was to be made by March 15, 2024.
Each performance share unit represents a contingent right to receive one share of Chemed Capital Stock.
Performance share units vest based on the extent to which the Company achieves certain performance targets over a performance period of January 1, 2024 to December 31, 2026. The determination of the performance level is to be made by March 15, 2027 and earned shares to be delivered thereafter.
Brian C. Judkins
2024-02-20