ARTESIAN RESOURCES CORP — Director's Dealing 2010

Dec 20, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2010-12-16

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-16	Class A Non-voting Common Stock	X	6250	$12.40	Acquired	90120	Direct
2010-12-16	Class A Non-voting Common Stock	S	6250	$19.0362	Disposed	83870	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-16	Non-qualified Stock Option (Right to Buy)	$12.40	X	6250	Disposed	2012-06-05	Class A Non-voting Common Stock (6250)	Direct