ARTESIAN RESOURCES CORP — Director's Dealing 2010

Sep 20, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2010-09-16

Reporting Person: BIEDERMAN KENNETH R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-16	Class A Non-voting Common Stock	X	150	$9.76	Acquired	15025	Direct
2010-09-16	Class A Non-voting Common Stock	S	150	$18.25	Disposed	14875	Direct
2010-09-17	Class A Non-voting Common Stock	X	50	$9.76	Acquired	14925	Direct
2010-09-17	Class A Non-voting Common Stock	S	50	$18.25	Disposed	14875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-16	Non-qualified Stock Option (Right to Buy)	$9.76	X	150	Disposed	2011-05-30	Class A Non-voting Common Stock (150)	Direct
2010-09-17	Non-qualified Stock Option (Right to Buy)	$9.76	X	50	Disposed	2011-05-30	Class A Non-voting Common Stock (50)	Direct