ARTESIAN RESOURCES CORP — Director's Dealing 2014

Mar 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2014-03-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-20	Class A Non-voting Common Stock	X	3375	$16.134	Acquired	7575	Direct
2014-03-20	Class A Non-voting Common Stock	S	3375	$22.2619	Disposed	4200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-20	Non-qualified Stock Option (Right to Buy)	$16.134	X	3375	Disposed	2014-05-26	Class A Non-voting Common Stock (3375)	Direct