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: EISENBREY JOHN R JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-23	Class A Non-voting Common Stock	X	2750	$12.40	Acquired	48501	Direct
2011-03-23	Class A Non-voting Common Stock	S	1540	$18.8339	Disposed	46961	Direct
2011-03-23	Class A Non-voting Common Stock	S	1210	$18.90	Disposed	45751	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-03-23	Non-qualified Stock Option (Right to Buy)	$12.40	X	2750	Disposed	2012-06-05	Class A Non-voting Common Stock (2750)	Direct