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ARTESIAN RESOURCES CORP Director's Dealing 2009

May 13, 2009

33212_dirs_2009-05-13_477f7665-b4ed-43a3-9ce1-9d3ca82c6e45.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: 2009-05-11

Reporting Person: TAYLOR DIAN C (Director, C.E.O. President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-05-11	Class A Non-Voting Common Stock	X	400	$8.5	Acquired	76795	Direct
2009-05-11	Class A Non-Voting Common Stock	S	400	$14.45	Disposed	76395	Direct
2009-05-12	Class A Non-Voting Common Stock	X	1800	$8.5	Acquired	78195	Direct
2009-05-12	Class A Non-Voting Common Stock	S	1800	$14.45	Disposed	76395	Direct
2009-05-12	Class A Non-Voting Common Stock	X	725	$8.5	Acquired	77120	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-05-11	Non-Qualified Stock Option (right to buy)	$8.5	X	400	Disposed	2009-05-18	Class A Non-Voting Common Stock (400)	Direct
2009-05-12	Non-Qualified Stock Option (right to buy)	$8.5	X	1800	Disposed	2009-05-18	Class A Non-Voting Common Stock (1800)	Direct
2009-05-12	Non-Qualified Stock Option (right to buy)	$8.5	X	725	Disposed	2009-05-18	Class A Non-Voting Common Stock (725)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Non-Voting Common Stock	12328	Indirect