4//SEC Filing
CHEMED CORP 4
Accession 0001209191-16-101281
$CHECIK 0000019584operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 1:34 PM ET
Size
16.3 KB
Accession
0001209191-16-101281
Insider Transaction Report
Form 4
CHEMED CORPCHE
TUCKER ARTHUR V JR
vice president & controller
Transactions
- Exercise/Conversion
capital stock
2016-02-19$126.37/sh+1,200$151,644→ 6,014 total - Exercise/Conversion
capital stock
2016-02-19$126.37/sh+1,245$157,331→ 7,259 total - Exercise/Conversion
performance stock units
2016-02-19−831→ 3,191 total→ capital stock (831 underlying) - Award
performance stock units
2016-02-19+988→ 3,348 total→ capital stock (988 underlying) - Exercise/Conversion
performance stock units
2016-02-19−831→ 2,360 total→ capital stock (831 underlying) - Tax Payment
capital stock
2016-02-19$126.37/sh−804$101,601→ 6,455 total
Footnotes (7)
- [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, 2013 through December 31, 2015. The actual performance of 102.6% yielded an award of 140.8% of target; including the reinvestment of dividends paid during such period, the award is 144.4% of target.
- [F2]The number of PSU's that vested was based on the Company's achieving relative total shareholder returns for the period January 1, 2013 through December 31, 2015, compared to a defined peer group of companies. The Company's performance ranked in the 73rd percentile of that group, yielding an award of 146%; including the reinvestment of dividends paid during such period, the award is 149.8% of target.
- [F3]Shares withheld to satisfy tax obligations in connection with vesting of PSU's.
- [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 November 8, 2013 vest based on achievement of performance targets over a period of January 1, 2013 to December 31, 2015. The determination of the performance level was to be made by March 15, 2016.
- [F6]each performance stock unit represents a contingent right to receive one share of Chemed capital stock
- [F7]PSU's vest based on the extent to which the Company achieves certain performance targets over a performance period of January 1, 2016 - December 31, 2018. The determination of the performance level is to be made by March 15, 2019 and earned shares to be delivered thereafter
Documents
Issuer
CHEMED CORP
CIK 0000019584
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000019584
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 1:34 PM ET
- Size
- 16.3 KB