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ARTESIAN RESOURCES CORP — Director's Dealing 2008
Jun 16, 2008
33212_dirs_2008-06-16_4e431fc5-ca1a-4883-884a-9ec6050a93a2.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: 2008-06-12
Reporting Person: SPACHT DAVID B (CFO and Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-06-12 | Class A Non-Voting Common Stock | X | 3000 | $9.333 | Acquired | 10861 | Direct |
| 2008-06-12 | Class A Non-Voting Common Stock | S | 3000 | $18.4155 | Disposed | 7861 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-06-12 | Incentive Stock Option (right to buy) | $9.333 | X | 3000 | Disposed | 2009-05-18 | Class A Non-Voting Common Stock (3000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Non-Voting Common Stock | 356 | Indirect |
Footnotes
F1: shares become exercisable in 20% annual increments over five years begining one year from the date of grant
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