<SEC-DOCUMENT>0000950170-25-022145.txt : 20250218
<SEC-HEADER>0000950170-25-022145.hdr.sgml : 20250218
<ACCEPTANCE-DATETIME>20250218154126
ACCESSION NUMBER:		0000950170-25-022145
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250214
FILED AS OF DATE:		20250218
DATE AS OF CHANGE:		20250218

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCNAMARA KEVIN J
		CENTRAL INDEX KEY:			0001207137
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08351
		FILM NUMBER:		25634591

	MAIL ADDRESS:	
		STREET 1:		2500 CHEMED CENTER
		STREET 2:		255 EAST FIFTH ST
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHEMED CORP
		CENTRAL INDEX KEY:			0000019584
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-HOME HEALTH CARE SERVICES [8082]
		ORGANIZATION NAME:           	08 Industrial Applications and Services
		IRS NUMBER:				310791746
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 2600
		STREET 2:		255 E FIFTH ST
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202
		BUSINESS PHONE:		(513)762-6690

	MAIL ADDRESS:	
		STREET 1:		SUITE 2600
		STREET 2:		255 E FIFTH STREET
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45202-4726

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ROTO-ROOTER INC
		DATE OF NAME CHANGE:	20030613

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHEMED CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">The number of performace stock units (&quot;PSUs&quot;) 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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="F3">Shares withheld to satisfy tax obligations in connection with vesting of PSUs.</footnote>
        <footnote id="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.</footnote>
        <footnote id="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.</footnote>
        <footnote id="F6">Each performance stock unit represents a contingent right to receive one share of Chemed Capital Stock</footnote>
        <footnote id="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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Kevin J. McNamara</signatureName>
        <signatureDate>2025-02-18</signatureDate>
    </ownerSignature>
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</SEC-DOCUMENT>
