0001209191-18-011150.txt : 20180220
0001209191-18-011150.hdr.sgml : 20180220
20180220105630
ACCESSION NUMBER: 0001209191-18-011150
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180216
FILED AS OF DATE: 20180220
DATE AS OF CHANGE: 20180220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MCNAMARA KEVIN J
CENTRAL INDEX KEY: 0001207137
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08351
FILM NUMBER: 18623583
MAIL ADDRESS:
STREET 1: 2500 CHEMED CENTER
STREET 2: 255 EAST FIFTH ST
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]
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-02-16
0
0000019584
CHEMED CORP
CHE
0001207137
MCNAMARA KEVIN J
2600 CHEMED CENTER
255 EAST 5TH STREET
CINCINNATI
OH
45202
1
1
0
0
president and CEO
capital stock
2018-02-16
4
M
0
5043
256.29
A
141843
D
capital stock
2018-02-16
4
M
0
6309
256.29
A
148152
D
capital stock
2018-02-16
4
F
0
5103
256.29
D
143049
D
performance stock units
2018-02-16
4
M
0
3094
0.00
D
capital stock
3094
12938
D
performance stock units
2018-02-16
4
M
0
3094
0.00
D
capital stock
3094
9844
D
performance stock units
2018-02-16
4
A
0
3928
0.00
A
capital stock
3928
13772
D
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, 2015 through December 31, 2017. The actual performance of 11.79% yielded an award of 159.9% of target; including the reinvestment of dividends paid during such period, the award is 163.0% 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, 2015 through December 31, 2017, compared to a defined peer group of companies. The Company's performance ranked in the 90th percentile of that group, yielding an award of 200%; including the reinvestment of dividends paid during such period, the award is 203.9% of target.
Shares withheld to satisfy tax obligations in connection with vesting of PSU's.
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 20, 2015 vest based on achievement of performance targets over a period of January 1, 2015 to December 31, 2017. The determination of the performance level was to be made by March 15, 2018.
Each performance stock unit represents a contingent right to receive one share of Chemed Capital Stock
PSU's vest based on the extent to which the Company achieves certain performance targets over a period of January 1, 2018 to December 31, 2020. The determination of the performance level is to be made by March 15, 2021 and earned shares delivered thereafter.
Kevin J. McNamara
2018-02-20