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ARTESIAN RESOURCES CORP Director's Dealing 2010

Jan 28, 2010

33212_dirs_2010-01-28_c3ed2c0e-e0ba-46fe-a639-b97adf873fe9.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2009-12-31

Reporting Person: SPACHT DAVID B (CFO and Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-08-21 Class A Non-Voting Common Stock J 81 $16.408 Acquired 7942 Direct
2009-11-20 Class A Non-Voting Common Stock J 85 $16.666 Acquired 8027 Direct
2009-12-31 Class A Non-Voting Common Stock J 17 Acquired 386 Indirect

Footnotes

F1: aquisition through dividend reinvestment plan

F2: Reporting balance of Artesian stock held in 401K plan which was acquired through employee payroll deferrals