ARTESIAN RESOURCES CORP — Director's Dealing 2013

Mar 20, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2013-03-18

Reporting Person: KRAEUTER BRUCE P (SR VP of Eng and Planning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-18	Class A Non-voting Common Stock	X	1999	$14.849	Acquired	29329	Direct
2013-03-18	Class A Non-voting Common Stock	S	1999	$21.9901	Disposed	27330	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-18	Incentive Stock Option (Right to Buy)	$14.849	X	1999	Disposed	2013-05-21	Class A Non-voting Common Stock (1999)	Direct