ARTESIAN RESOURCES CORP — Director's Dealing 2014

Jan 24, 2014

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2013-12-31

Reporting Person: SPACHT DAVID B (CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-31	Class A Non-voting Common Stock	J	16	—	Acquired	452	Indirect
2013-02-22	Class A Non-voting Common Stock	J	79	$22.316	Acquired	9252	Direct
2013-08-23	Class A Non-voting Common Stock	J	81	$22.24	Acquired	9252	Direct
2013-05-22	Class A Non-voting Common Stock	J	80	$22.472	Acquired	9252	Direct

Footnotes

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

F2: aquisition through dividend reinvestment plan