CHEMED CORPORATION (NYSE:CHE) Files An 8-K Submission of Matters to a Vote of Security Holders

0

CHEMED CORPORATION (NYSE:CHE) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders

(a)
On May 15, 2017, Chemed Corporation held its annual
meeting of shareholders.
(b)
Shareholders voted on the matters set forth below:
Item 1. Election of Directors. The following directors,
who constitute the entire Board of Directors, were elected at the
meeting by the votes indicated:
Nominee For Against Abstain
Kevin J. McNamara 14,065,686 84,005 10,066
Joel F. Gemunder 13,302,912 844,882 11,963
Patrick P. Grace 13,362,343 784,859 12,555
Thomas C. Hutton 13,797,374 352,030 10,353
Walter L. Krebs 14,002,256 146,581 10,920
Andrea R. Lindell 14,077,050 71,792 10,915
Thomas P. Rice 14,084,108 64,143 11,506
Donald E. Saunders 13,615,980 532,664 11,113
George J. Walsh III 13,423,077 727,515 9,165
Frank E. Wood 13,954,199 193,641 11,917
Item 2. Ratification of Auditors. The proposal to ratify
the appointment of PricewaterhouseCoopers LLP by the Audit
Committee of the Board of Directors as the Companys independent
auditor for the year ending December 31, 2017, was approved with
the following votes:
Voted
Percent of Voted
For 14,726,912 98.47%
Against 220,112 1.47%
Abstain 8,751 0.06%
Item 3. Advisory Vote on Executive Compensation. The
proposal to approve, on a non-binding basis, the Companys
executive compensation program, was approved with the following
votes:
Voted Percent of Voted
For 13,709,943 96.82%
Against 394,704 2.79 %
Abstain 55,110 0.39%
Broker non-votes 796,018
Page 2 of 3
Item 4. Frequency of Advisory Votes on Executive
Compensation.
The proposal to approve, on a non-binding
basis, the frequency of shareholder advisory votes on executive
compensation, resulted in the following votes:
For:
1 YR
12,252,374
2 YR
28,462
3 YR
1,812,663
Abstain
66,258
Broker non-votes 796,018
Item 5. Shareholder Proposal. The proposal to amend the
Companys Bylaws to allow holders of 10% of Chemed Corporation
capital stock to call Special Meetings of shareholders, was
disapproved with the following votes:
Voted Percent of Voted
For 5,579,965 39.41%
Against 8,556,620 60.43%
Abstain 23,172 0.16%
Broker non-votes 796,018
(c)
Following the vote on frequency of shareholder advisory
votes on executive compensation, the Board of Directors
decided to include a shareholder vote on executive
compensation in the Companys proxy materials each year
until the next vote on frequency of shareholder advisory
votes.


About CHEMED CORPORATION (NYSE:CHE)

Chemed Corporation operates and divests subsidiaries engaged in diverse business activities. The Company operates its business in two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). The Company’s VITAS segment provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. VITAS segment provides hospice care to Medicare beneficiaries receiving their non-hospice healthcare services from health maintenance organizations (HMOs) under Medicare risk contracts. The Company and its subsidiaries also own training manuals, cost information, patient information and software source codes. A portion of its VITAS business is operated in the state of Florida. The Company’s Roto-Rooter segment provides plumbing, drain cleaning, water restoration and other related services to both residential and commercial customers.

CHEMED CORPORATION (NYSE:CHE) Recent Trading Information

CHEMED CORPORATION (NYSE:CHE) closed its last trading session down -1.95 at 200.31 with 67,776 shares trading hands.