ARTESIAN RESOURCES CORP — Director's Dealing 2011

Mar 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2011-03-23

Reporting Person: SCHREPPLER JOHN J II (VP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-23	Class A Non-voting Common Stock	X	6750	$10.845	Acquired	10950	Direct
2011-03-23	Class A Non-voting Common Stock	S	6750	$18.9191	Disposed	4200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-23	Incentive Stock Option (Right to Buy)	$10.845	X	6750	Disposed	2011-05-30	Class A Non-voting Common Stock (6750)	Direct