ARTS WAY MANUFACTURING CO INC — Director's Dealing 2021

Jan 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARTS WAY MANUFACTURING CO INC (ARTW)
CIK: 0000007623
Period of Report: 2021-01-19

Reporting Person: MCCONNELL MARC H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-19	Common Stock	A	20000	—	Acquired	104500	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5000	Indirect
Common Stock	580	Indirect
Common Stock	4250	Indirect
Common Stock	5000	Indirect
Common Stock	5000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (Right to Buy)	$8.66	2021-04-28	Common Stock (2000)	2000	Direct
Stock Option (Right to Buy)	$6.75	2022-04-26	Common Stock (2000)	2000	Direct
Stock Option (Right to Buy)	$6.40	2023-04-25	Common Stock (2000)	2000	Direct
Stock Option (Right to Buy)	$6.15	2024-04-29	Common Stock (2000)	2000	Direct
Stock Option (Right to Buy)	$4.70	2025-04-22	Common Stock (2000)	2000	Direct

Footnotes

F1: Represents 20,000 shares of restricted stock for which risks of forfeiture lapse as to 6,667 shares on each of 1/19/22 and 1/19/23 and as to 6,666 shares on 1/19/24.

F2: Includes (i) 4,000 shares of restricted stock for which the risks of forfeiture lapse on 2/5/21; (ii) 8,000 shares of restricted stock for which the risks of forfeiture lapse in 4,000 share increments on each of 1/31/21 and 1/31/22; (iii) 12,500 shares of restricted stock for which the risks of forfeiture lapse as to 4,166 shares on 1/30/21 and as to 4,167 shares on each of 1/30/22 and 1/30/23; and (iv) 20,000 shares of restricted stock for which risks of forfeiture lapse as to 6,667 shares on 1/19/22 and 1/19/23 and as to 6,666 shares on 1/19/24.