Edgar Filing: CHEMED CORP

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Westfall Nicholas Michael

2. Date of Event Requiring Statement (Month/Day/Year)
06/08/2016

3. Issuer Name and Ticker or Trading Symbol
CHEMED CORP [CHE]

(Last)

(First)

(Middle)

255 EAST FIFTH STREET,Â SUITE 2600

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Executive Vice President

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

CINCINNATI,Â OHÂ 45202

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
capital stock	2,831	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
performance stock units	Â ⁽¹⁾	Â ⁽¹⁾	capital stock	482	$ ⁽²⁾	D	Â
performance stock units	Â ⁽³⁾	Â ⁽³⁾	capital stock	355	$ ⁽²⁾	D	Â
performance stock units	Â ⁽⁴⁾	Â ⁽⁴⁾	capital stock	354	$ ⁽²⁾	D	Â
performance stock units	Â ⁽⁵⁾	Â ⁽⁵⁾	capital stock	354	$ ⁽²⁾	D	Â
performance stock units	Â ⁽⁶⁾	Â ⁽⁶⁾	capital stock	790	$ ⁽²⁾	D	Â
stock option (right to buy with tandem tax withholding)	Â ⁽⁷⁾	11/08/2023	capital stock	2,919	$ 70.3	D	Â
stock option (right to buy with tandem tax withholding)	Â ⁽⁸⁾	11/07/2024	capital stock	10,000	$ 106.59	D	Â
stock option (right to buy with tandem tax withholding)	Â ⁽⁹⁾	11/06/2020	capital stock	16,000	$ 157.36	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Westfall Nicholas Michael 255 EAST FIFTH STREET SUITE 2600 CINCINNATI,Â OHÂ 45202	Â	Â	Â Executive Vice President	Â

Signatures

Nicholas M. Westfall		06/16/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	The restricted stock units vest based on the extent to which the Company achieves certain Earnings per Share performance targets over a performance period of January 1, 2014 through December 31, 2016, with the determination of such performance level to be made no later than March 15, 2017 and earned shares of Capital Stock to be delivered thereafter.
(2)	each performance stock unit represents a contingent right to receive one share of Chemed capital stock
(3)	The restricted stock units vest based on the extent to which the Company achieves certain Total Shareholder Return performance targets over a performance period of January 1, 2014 through December 31, 2016, with the determination of such performance level to be made no later than March 15, 2017 and earned shares of Capital Stock to be delivered thereafter
(4)	The restricted stock units vest based on the extent to which the Company achieves certain Earnings per Share performance targets over a performance period of January 1, 2015 through December 31, 2017 with the determination of such performance level to be made no later than March 15, 2018 and earned shares of Capital Stock to be delivered thereafter.
(5)	The restricted stock units vest based on the extent to which the Company achieves certain Total Shareholder Return performance targets over a performance period of January 1, 2015 through December 31, 2017 with the determination of such performance level to be made no later than March 15, 2018 and earned shares of Capital Stock to be delivered thereafter.
(6)	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
(7)	Vesting in three equal annual installments commencing 11/8/2014.
(8)	Vesting in three equal annual installments commencing 11/7/2015
(9)	vesting in three equal annual installments commencing 11/6/2016.

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