4//SEC Filing
HUTTON THOMAS C 4
Accession 0000950170-25-022191
CIK 0000019584other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:03 PM ET
Size
15.5 KB
Accession
0000950170-25-022191
Insider Transaction Report
Form 4
CHEMED CORPCHE
HUTTON THOMAS C
Directorvice president
Transactions
- Exercise/Conversion
Capital Stock
2025-02-14$553.39/sh+96$53,125→ 33,176 total - Exercise/Conversion
Performance Stock Units
2025-02-14−156→ 770 total→ Capital Stock (156 underlying) - Award
Performance Stock Units
2025-02-14+320→ 934 total→ Capital Stock (320 underlying) - Exercise/Conversion
Capital Stock
2025-02-14$553.39/sh+315$174,318→ 33,080 total - Tax Payment
Capital Stock
2025-02-14$553.39/sh−149$82,455→ 33,027 total - Exercise/Conversion
Performance Stock Units
2025-02-14−156→ 614 total→ Capital Stock (156 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 0001207131
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 4:03 PM ET
- Size
- 15.5 KB