CHESAPEAKE UTILITIES CORP — Director's Dealing 2006

Feb 27, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHESAPEAKE UTILITIES CORP (CPK)
CIK: 0000019745
Period of Report: 2006-02-23

Reporting Person: Zola Stanley Robert (President, Sharp Energy, Inc. (sub))

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-02-23	Common Stock	A	3200	$30.3999	Acquired	4610	Direct
2006-02-23	Common Stock	F	1096	$30.3999	Disposed	3514	Direct
2006-02-23	Common Stock	A	4480	$30.3999	Acquired	7994	Direct
2006-02-23	Common Stock	P	0	—	Acquired	1134	Indirect

Footnotes

F1: Of these shares, 1,042 represent deferred stock units that will be settled automatically on a one-for-one basis in common stock.

F2: Of these shares, 5,522 represent deferred stock units that will be settled automatically on a one-for-one basis in common stock.