ARTESIAN RESOURCES CORP - Director's Dealing 2012

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2011-12-31

Reporting Person: THAEDER JOHN M (Senior VP of Operations)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-18	Class A Non-voting Common Stock	J	54	$19.298	Acquired	19014	Direct
2011-05-20	Class A Non-voting Common Stock	J	54	$19.222	Acquired	19014	Direct
2011-08-19	Class A Non-voting Common Stock	J	60	$17.598	Acquired	19014	Direct
2011-11-23	Class A Non-voting Common Stock	J	60	$17.876	Acquired	19014	Direct
2011-12-21	Class A Non-voting Common Stock	J	200	—	Acquired	200	Indirect
2011-12-31	Class A Non-voting Common Stock	J	404	—	Acquired	9002	Indirect

F1: Reporting balance of Artesian stock held in 401K plan which was acquired through employee payroll deferrals

F2: aquisition through dividend reinvestment plan

F3: personal rep. for estate

F4: personal rep. for estate