Essential Utilities, Inc. — Director's Dealing 2010

Jan 26, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AQUA AMERICA INC (WTR)
CIK: 0000078128
Period of Report: 2010-01-22

Reporting Person: DEBENEDICTIS NICHOLAS (Director, CHAIRMAN & PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-03-03	Common Stock	G	8466	—	Disposed	0	Direct
2009-06-16	Common Stock	G	120	—	Disposed	0	Direct
2009-10-22	Common Stock	G	63	—	Disposed	0	Direct
2009-12-21	Common Stock	G	1263	—	Disposed	0	Direct
2009-12-04	Common Stock	G	30000	—	Disposed	0	Direct
2009-12-04	Common Stock Ownership By Spouse	G	30000	—	Acquired	0	Indirect
2009-12-18	Common Stock	G	120000	—	Disposed	0	Direct
2009-12-18	Common Stock-GRAT	G	120000	—	Acquired	120000	Indirect
2009-12-21	Common Stock Ownership By Spouse	G	30000	—	Disposed	0	Indirect
2009-12-21	Common Stock-GRAT	G	30000	—	Acquired	30000	Indirect
2010-01-22	Common Stock	A	22000	$17.14	Acquired	476655	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-22	Stock Options (Right to Buy)	$17.14	A	55000	Acquired	2020-01-22	Common Stock (55000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - Ira	3747.18	Direct
Common Stock - Ira	2996.47	Indirect
Common Stock 401k	13281.7346	Indirect

Footnotes

F1: This transaction involves a gift of 30,000 shares by the reporting person to his spouse.

F2: On December 18, 2009, the reporting person contributed 120,000 shares to a grantor retained annuity trust (the "GRAT). These shares were previously reported as directly beneficially owned by the reporting person but are now reported as indirectly beneficially owned by the reporting person by virtue of his serving as trustee of the GRAT and his pecuniary interest in the retained annuity provided therein.

F3: On December 21, 2009, the reporting person's spouse contributed 30,000 shares to a GRAT. These shares are reported as indirectly owned by the reporting person by virtue of his spouse serving as trustee of the GRAT and her pecuniary interest in the retained annuity provided therein.

F4: Grant of 22,000 shares of restricted stock which vest one-third each year on the anniversary of the grant, subject to meeting performance criteria.

F5: Includes 190.585 shares acquired under the Issuer's dividend reinvestment plan since the date of the reporting person's last ownership report.

F6: Includes 70.27 shares acquired under the Issuer's dividend reinvestment plan since the date of the reporting person's last ownership report.

F7: Since the date of the reporting person's last ownership report, the reporting person acquired 208.0746 shares under the Issuer's 401k Plan.

F8: Grant of 55,000 shares of stock options which vest one-third each year on the anniversary of the grant.