ARTESIAN RESOURCES CORP — Director's Dealing 2009

Sep 3, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2009-09-01

Reporting Person: DiNunzio Joseph A (Exec VP / Corp Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-01	Class A Non-Voting Common Stock	X	2000	$10.278	Acquired	16818	Direct
2009-09-01	Class A Non-Voting Common Stock	S	2000	$17.5	Disposed	14818	Direct
2009-09-02	Class A Non-Voting Common Stock	X	4750	$10.278	Acquired	19568	Direct
2009-09-02	Class A Non-Voting Common Stock	S	4750	$17.53	Disposed	14818	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-01	Incentive Stock Option (right to buy)	$10.278	X	2000	Disposed	2010-05-31	Class A Non-Voting Common Stock (2000)	Direct
2009-09-02	Incentive Stock Option (right to buy)	$10.278	X	4750	Disposed	2010-05-31	Class A Non-Voting Common Stock (4750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Non-Voting Common Stock	32	Indirect

Footnotes

F1: shares become exercisable in 20% annual increments over five years begining one year from the date of grant