0000950170-24-017063.txt : 20240220
0000950170-24-017063.hdr.sgml : 20240220
20240220154921
ACCESSION NUMBER: 0000950170-24-017063
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: HUTTON THOMAS C
CENTRAL INDEX KEY: 0001207131
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08351
FILM NUMBER: 24653031
MAIL ADDRESS:
STREET 1: ONE ROCKEFELLER PLAZA
STREET 2: STE 1510
CITY: NEW YORK
STATE: NY
ZIP: 10020
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
0001207131
HUTTON THOMAS C
1270 AVENUE OF THE AMERICAS
SUITE 1905
NEW YORK
NY
10020
true
true
false
false
vice president
false
Capital Stock
2024-02-16
4
M
false
84
586.49
A
36276
D
Capital Stock
2024-02-16
4
M
false
126
586.49
A
36402
D
Capital Stock
2024-02-16
4
F
false
77
586.49
D
36325
D
Capital Stock
3026
I
by spouse
Capital Stock
6058
I
by son
Capital Stock
6070
I
by daughter
Capital Stock
5900
I
by son
Performance Share Units
2024-02-16
4
M
false
134
0.00
D
Capital Stock
134
766
D
Performance Share Units
2024-02-16
4
M
false
134
0.00
D
Capital Stock
134
632
D
Performance Share Units
2024-02-16
4
A
false
294
0.00
A
Capital Stock
294
926
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.
Thomas C. Hutton
2024-02-20