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: BIEDERMAN KENNETH R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-18	Class A Non-voting Common Stock	X	6750	$13.30	Acquired	26625	Direct
2013-03-18	Class A Non-voting Common Stock	S	6429	$22.0029	Disposed	20196	Direct
2013-03-18	Class A Non-voting Common Stock	S	321	$22.20	Disposed	19875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-18	Non-qualified Stock Option (Right to Buy)	$13.30	X	6750	Disposed	2013-05-21	Class A Non-voting Common Stock (6750)	Direct