Form 4 for CHE CHEMED CORP
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-18 · accession 0001209191-22-012045 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-02-23 | 2022-02-18 | CHE | LEE SPENCER S | EVP | F - Tax | $459.77 | -532 | 25.8K | -2% | -$244.6K |
| DM | 2022-02-23 | 2022-02-18 | CHE | LEE SPENCER S | EVP | M - OptEx | $459.77 | +1,105 | 26.3K | +4% | +$508.0K |
| D | 2022-02-23 | 2022-02-18 | CHE | LEE SPENCER S | EVP | A - Grant | $0.00 | +816 | 1,946 | +72% | $0 |
| DM | 2022-02-23 | 2022-02-18 | CHE | LEE SPENCER S | EVP | M - OptEx | $0.00 | -662 | 1,461 | -31% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | capital stock | 2022-02-18 | F | D | 532 | $459.77 | 25,755 | D | — | — | (F3) Shares withheld to satisfy tax obligations in connection with vesting of PSU's. |
| 2 | Common | capital stock | 2022-02-18 | M | A | 669 | $459.77 | 25,851 | D | — | — | (F1) 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. |
| 3 | Common | capital stock | 2022-02-18 | M | A | 436 | $459.77 | 26,287 | D | — | — | (F2) 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. |
| 4 | Derivative | performance stock units | 2022-02-18 | A | A | 816 | $0.00 | 1,946 | D | — · — to — | 816 capital stock | (F6) Each performance stock unit represents a contingent right to receive one share of Chemed Capital Stock (F7) 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. |
| 5 | Derivative | performance stock units | 2022-02-18 | M | D | 331 | $0.00 | 1,130 | D | — · — to — | 331 capital stock | (F4) 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. (F5) 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. |
| 6 | Derivative | performance stock units | 2022-02-18 | M | D | 331 | $0.00 | 1,461 | D | — · — to — | 331 capital stock | (F4) 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. (F5) 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. |