SEC Form 4 · accession 0001209191-15-017130
CHEMED CORP · CHE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas C Hutton
Officer — vice president · Director
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 3:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000019584
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| capital stock | Feb 19, 2015 | F | 861 | $113.63 | D | 29,797 | D | |
| capital stock | holding | — | — | — | 3,026 | I | by spouse | |
| capital stock | holding | — | — | — | 6,058 | I | by son | |
| capital stock | holding | — | — | — | 6,070 | I | by daughter | |
| capital stock | holding | — | — | — | 5,900 | I | by son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| performance stock unitsF2,F3 | — | Feb 20, 2015 | A | 265 | A | — | — | capital stock | 265 | 1,725 | D |
| performance stock unitsF2,F4 | — | Feb 20, 2015 | A | 265 | A | — | — | capital stock | 265 | 1,990 | D |
Explanation of responses
- F1stock award tax obligation
- F2each performance stock unit represents a contingent right to receive one share of Chemed capital stock
- F3The restricted stock units vest based on the extent to which the Company achieves certain Earnings per Share performance targets over a performance period of January 1, 2015 through December 31, 2017 with the determination of such performance level to be made no later than March 15, 2018 and earned shares of Capital Stock to be delivered thereafter.
- F4The restricted stock units vest based on the extent to which the Company achieves certain Total Shareholder Return performance targets over a performance period of January 1, 2015 through December 31, 2017 with the determination of such performance level to be made no later than March 15, 2018 and earned shares of Capital Stock to be delivered thereafter.