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ARTESIAN RESOURCES CORP Director's Dealing 2014

Mar 19, 2014

33212_dirs_2014-03-19_f387f912-ef6f-4285-8b35-7f8f0a703063.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2014-03-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-17	Class A Non-voting Common Stock	X	561	$16.134	Acquired	4761	Direct
2014-03-17	Class A Non-voting Common Stock	S	561	$22.25	Disposed	4200	Direct
2014-03-18	Class A Non-voting Common Stock	X	2814	$16.134	Acquired	7014	Direct
2014-03-18	Class A Non-voting Common Stock	S	2814	$22.252	Disposed	4200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-17	Non-qualified Stock Option (Right to Buy)	$16.134	X	561	Disposed	2014-05-26	Class A Non-voting Common Stock (561)	Direct
2014-03-18	Non-qualified Stock Option (Right to Buy)	$16.134	X	2814	Disposed	2014-05-26	Class A Non-voting Common Stock (2814)	Direct