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ARTESIAN RESOURCES CORP Director's Dealing 2006

May 17, 2006

33212_dirs_2006-05-17_44928cff-1137-40dd-a6b4-17852e2211e9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2006-05-12

Reporting Person: TAYLOR NORMAN H JR (Director, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-05-12 Non-Qualified Stock Option (right to buy) $31.67 A 4500 Acquired 2016-05-12 Class A Non-Voting Common Stock (4500) Direct