4//SEC Filing
MCNAMARA KEVIN J 4
Accession 0000950170-25-022145
CIK 0000019584other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 3:41 PM ET
Size
15.5 KB
Accession
0000950170-25-022145
Insider Transaction Report
Form 4
CHEMED CORPCHE
MCNAMARA KEVIN J
Directorpresident and CEO
Transactions
- Exercise/Conversion
Capital Stock
2025-02-14$553.39/sh+4,086$2,261,152→ 105,821 total - Exercise/Conversion
Capital Stock
2025-02-14$553.39/sh+1,235$683,437→ 107,056 total - Tax Payment
Capital Stock
2025-02-14$553.39/sh−2,377$1,315,408→ 104,679 total - Exercise/Conversion
Performance Stock Units
2025-02-14−2,023→ 10,167 total→ Capital Stock (2,023 underlying) - Exercise/Conversion
Performance Stock Units
2025-02-14−2,023→ 8,144 total→ Capital Stock (2,023 underlying) - Award
Performance Stock Units
2025-02-14+4,372→ 12,516 total→ Capital Stock (4,372 underlying)
Footnotes (7)
- [F1]The number of performace stock units ("PSUs") that vested was based on the Company's cumulative adjusted earnings per share for the period January 1, 2022 through December 31, 2024. The actual performance of $64.97 exceeded the maximum payout threshold of $63.75 and therefore yielded an award of 200% of target; including the reinvestment of dividends paid during such period, the award is 202.0% of target.
- [F2]The number of PSUs that vested was based on the Company's achieving relative total shareholder returns for the period January 1, 2022 through December 31, 2024, compared to a defined peer group of companies. The Company's performance ranked in the 31.3 percentile of that group, yielding an award of 60.4%; including the reinvestment of dividends paid during such period, the award is 61.0% of target.
- [F3]Shares withheld to satisfy tax obligations in connection with vesting of PSUs.
- [F4]Each PSU reflects the contingent right to receive a variable number of shares of capital stock based on achieving performance goals. PSUs were settled in shares on their scheduled vesting date as determined by the Compensation Committee.
- [F5]PSUs awarded February 18, 2022 vest based on achievement of performance targets over a period of January 1, 2022 to December 31, 2024. The determination of the performance level is to be made by March 15, 2025.
- [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, 2025 to December 31, 2027. The determination of the performance level is to be made by March 15, 2028 and earned shares to be delivered thereafter.
Documents
Issuer
CHEMED CORP
CIK 0000019584
Entity typeother
Related Parties
1- filerCIK 0001207137
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 3:41 PM ET
- Size
- 15.5 KB