0001209191-20-012365.txt : 20200225
0001209191-20-012365.hdr.sgml : 20200225
20200225121004
ACCESSION NUMBER: 0001209191-20-012365
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200221
FILED AS OF DATE: 20200225
DATE AS OF CHANGE: 20200225
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: WILLIAMS DAVID PATRICK
CENTRAL INDEX KEY: 0001283114
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08351
FILM NUMBER: 20649000
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
2020-02-21
0
0000019584
CHEMED CORP
CHE
0001283114
WILLIAMS DAVID PATRICK
2600 CHEMED CENTER
255 EAST FIFTH STREET
CINCINNATI
OH
45202
0
1
0
0
executive vice president & CFO
capital stock
2020-02-21
4
M
0
1748
487.90
A
21598
D
capital stock
2020-02-21
4
M
0
1426
487.90
A
23024
D
capital stock
2020-02-21
4
F
0
1388
487.90
D
21636
D
capital stock
0
I
by IRA
performance stock units
2020-02-21
4
M
0
863
0.00
D
capital stock
863
3713
D
performance stock units
2020-02-21
4
M
0
863
0.00
D
capital stock
863
2850
D
performance stock units
2020-02-21
4
A
0
1030
0.00
A
capital stock
1030
3880
D
The number of performance share units ("PSU's") that vested based on the Company's achieving adjusted earnings per share growth rate for the period January 1, 2017 through December 31, 2019. The actual performance of 24.29% yielded an award of 200% of target; including the reinvestment of dividends paid during such period, the award is 202.5% 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, 2017 through December 31, 2019, compared to a defined peer group of companies. The Company's performance ranked in the 79th percentile of that group, yielding an award of 163.2%; including the reinvestment of dividends paid during such period, the award is 165.2% 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 17, 2017 vest based on achievement of performance targets over a period of January 1, 2017 to December 31, 2019. The determination of the performance level was to be made by March 15, 2020.
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, 2020 to December 31, 2022. The determination of the performance level is to be made by March 15, 2023 and earned shares to be delivered thereafter.
David P. Williams
2020-02-25