0001209191-22-012056.txt : 20220223 0001209191-22-012056.hdr.sgml : 20220223 20220223114247 ACCESSION NUMBER: 0001209191-22-012056 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: Westfall Nicholas Michael CENTRAL INDEX KEY: 0001676780 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08351 FILM NUMBER: 22661916 MAIL ADDRESS: STREET 1: 8035 PEREGRINE LANE CITY: CINCINNATI STATE: OH ZIP: 45243 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 0001676780 Westfall Nicholas Michael 255 EAST FIFTH STREET SUITE 2600 CINCINNATI OH 45202 0 1 0 0 Executive Vice President capital stock 2022-02-18 4 M 0 964 459.77 A 8442 D capital stock 2022-02-18 4 M 0 628 459.77 A 9070 D capital stock 2022-02-18 4 F 0 638 459.77 D 8432 D performance stock units 2022-02-18 4 M 0 477 0.00 D capital stock 477 2257 D performance stock units 2022-02-18 4 M 0 477 0.00 D capital stock 477 1780 D performance stock units 2022-02-18 4 A 0 1120 0.00 A capital stock 1120 2900 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. Nicholas M. Westfall 2022-02-23