David P. Williams - 10 Nov 2022 Form 4 Insider Report for CHEMED CORP (CHE)

Role: executive vice president & CFO
Signature: David P. Williams
Issuer symbol: CHE
Transactions as of: 10 Nov 2022
Net transactions value: -$9,979,844
Form type: 4
Filing time: 14 Nov 2022, 14:29:57 UTC
Previous filing: 02 Nov 2022
Next filing: 22 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CHE	capital stock	Sale	$3,978,480	-8,000	-28%	$497.31	20,160	10 Nov 2022	Direct	F1
transaction	CHE	capital stock	Options Exercise	$4,753,850	+15,500	+77%	$306.70	35,660	14 Nov 2022	Direct
transaction	CHE	capital stock	Tax liability	$6,001,364	-12,135	-34%	$494.55	23,525	14 Nov 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CHE	stock option(right to buy with tandem tax withholding)	Options Exercise	$4,753,850	-15,500	-56%	$306.70	12,083	14 Nov 2022	capital stock	15,500	$306.70	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $495.00 to $499.50. The reporting person undertakes to provide to Chemed Corporation, any security holder of Chemed Corporation, or staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within ranges set forth in footnote (1) to this Form 4.
F2	Payment of purchase price and tax obligation on stock option exercise.
F3	Vesting in three equal annual installments commencing 11/2/2019