Key facts
- This page summarizes David P. Williams's Form 4 filing for CHEMED CORP (CHE).
- 6 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 22 Feb 2023, 12:48.
David P. Williams - 17 Feb 2023 Form 4 Insider Report for CHEMED CORP (CHE)
- Reporting relationship
- executive vice president & CFO
- Issuer ticker
- CHE
- Reported as of
- 17 Feb 2023
- Net transaction value
- +$472,880
- SEC form
- 4
- Accepted by SEC
- 22 Feb 2023, 12:48:50 UTC
- Prior SEC filing
- 14 Nov 2022
- Next SEC filing
- 21 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- David P. Williams
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David P. Williams filed Form 4 for CHEMED CORP (CHE) on 22 Feb 2023.
Change
- Previous filing in this sequence was filed on 14 Nov 2022.
- Current net transaction value: +$472,880.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CHE
transaction
capital stock
Options Exercise
- Transaction value
- $535,725
- Shares
- +1,040
- Change %
- +4.4%
- Price
- $515.12
- Shares after
- 24,565
- Date
- 17 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
CHE
transaction
capital stock
Options Exercise
- Transaction value
- $304,951
- Shares
- +592
- Change %
- +2.4%
- Price
- $515.12
- Shares after
- 25,157
- Date
- 17 Feb 2023
- Ownership
- Direct
- Footnotes
- F2
CHE
transaction
capital stock
Tax liability
- Transaction value
- $367,796
- Shares
- -714
- Change %
- -2.8%
- Price
- $515.12
- Shares after
- 24,443
- Date
- 17 Feb 2023
- Ownership
- Direct
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CHE
transaction
Derivative
performance stock units
Options Exercise
- Transaction value
- $0
- Shares
- -515
- Change %
- -13%
- Price
- $0.000000
- Shares after
- 3,407
- Date
- 17 Feb 2023
- Ownership
- Direct
- Underlying class
- capital stock
- Underlying amount
- 515
- Exercise price
- Footnotes
- F4, F5
CHE
transaction
Derivative
performance stock units
Options Exercise
- Transaction value
- $0
- Shares
- -515
- Change %
- -15%
- Price
- $0.000000
- Shares after
- 2,892
- Date
- 17 Feb 2023
- Ownership
- Direct
- Underlying class
- capital stock
- Underlying amount
- 515
- Exercise price
- Footnotes
- F4, F5
CHE
transaction
Derivative
performance stock units
Award
- Transaction value
- $0
- Shares
- +1,602
- Change %
- +55%
- Price
- $0.000000
- Shares after
- 4,494
- Date
- 17 Feb 2023
- Ownership
- Direct
- Underlying class
- capital stock
- Underlying amount
- 1,602
- Exercise price
- Footnotes
- F6, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
The number of performance share units ("PSUs") that vested was based on the Company's achieving adjusted earnings per share growth rate for the period January 1, 2020 through December 31, 2022. The actual performance of 12.67% yielded an award of 200% of target; including the reinvestment of dividends paid during such period, the award is 202% of target.
Footnote F2
The number of PSUs that vested was based on the Company's achieving relative total shareholder returns for the period January 1, 2020 through December 31, 2022, compared to a defined peer group of companies. The Company's performance ranked in the 55.6th percentile of that group, yielding an award of 113.89%; including the reinvestment of dividends paid during such period, the award is 115% of target.
Footnote F3
Shares withheld to satisfy tax obligations in connection with vesting of PSUs.
Footnote 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 F5
PSUs awarded February 21, 2020 vest based on achievement of performance targets over a period of January 1, 2020 to December 31, 2022. The determination of the performance level was to be made by March 15, 2023.
Footnote F6
Each performance stock unit represents a contingent right to receive one share of Chemed Capital Stock
Footnote F7
Performance share units vest based on the extent to which the Company achieves certain performance targets over a performance period of January 1, 2023 to December 31, 2025. The determination of the performance level is to be made by March 15, 2026 and earned shares to be delivered thereafter.