ARTESIAN RESOURCES CORP — Director's Dealing 2015

Nov 20, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTESIAN RESOURCES CORP (ARTNA)
CIK: 0000863110
Period of Report: 2015-11-20

Reporting Person: BIEDERMAN KENNETH R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-20	Class A Non-voting Common Stock	X	3375	$21.113	Acquired	23250	Direct
2015-11-20	Class A Non-voting Common Stock	S	3375	$25.25	Disposed	19875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-20	Non-qualified Stock Option (Right to Buy)	$21.113	X	3375	Disposed	2016-05-12	Class A Non-voting Common Stock (3375)	Direct