0001209191-22-012036.txt : 20220223
0001209191-22-012036.hdr.sgml : 20220223
20220223103700
ACCESSION NUMBER: 0001209191-22-012036
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220218
FILED AS OF DATE: 20220223
DATE AS OF CHANGE: 20220223
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HUTTON THOMAS C
CENTRAL INDEX KEY: 0001207131
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08351
FILM NUMBER: 22661325
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]
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
2022-02-18
0
0000019584
CHEMED CORP
CHE
0001207131
HUTTON THOMAS C
1270 AVENUE OF THE AMERICAS
SUITE 1905
NEW YORK
NY
10020
1
1
0
0
vice president
capital stock
2022-02-18
4
M
0
281
459.77
A
36900
D
capital stock
2022-02-18
4
M
0
183
459.77
A
37083
D
capital stock
2022-02-18
4
F
0
159
459.77
D
36924
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 stock units
2022-02-18
4
M
0
139
0.00
D
capital stock
139
613
D
performance stock units
2022-02-18
4
M
0
139
0.00
D
capital stock
139
474
D
performance stock units
2022-02-18
4
A
0
312
0.00
A
capital stock
312
786
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, 2019 through December 31, 2021. The actual performance of 18.63% yielded an award of 200% of target; including the reinvestment of dividends paid during such period, the award is 202.0% 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, 2019 through December 31, 2021, compared to a defined peer group of companies. The Company's performance ranked in the 63rd percentile of that group, yielding an award of 130.26%; including the reinvestment of dividends paid during such period, the award is 131.6% 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 22, 2019 vest based on achievement of performance targets over a period of January 1, 2019 to December 31, 2021. The determination of the performance level was to be made by March 15, 2022.
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, 2022 to December 31, 2024. The determination of the performance level is to be made by March 15, 2025 and earned shares to be delivered thereafter.
Thomas C. Hutton
2022-02-23