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ARTW Arts Way Manufacturing Co Inc

1.89
-0.08 (-4.06%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arts Way Manufacturing Co Inc NASDAQ:ARTW NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.08 -4.06% 1.89 1.83 1.97 1.97 1.8605 1.97 15,095 22:36:59

Statement of Changes in Beneficial Ownership (4)

02/12/2020 9:57pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

MCCONNELL MARC H
2. Issuer Name and Ticker or Trading Symbol

ARTS WAY MANUFACTURING CO INC [ ARTW ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

5556 HIGHWAY 9
3. Date of Earliest Transaction (MM/DD/YYYY)

11/30/2020
(Street)

ARMSTRONG, IA 50514
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/30/2020  A  1000 (1)A$0 84500 (2)D  
Common Stock         5000 I By IRA #1 
Common Stock         580 I By IRA #2 
Common Stock         4250 I By spouse 
Common Stock         5000 I By child #1 
Common Stock         5000 I By child #2 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (Right to Buy) $8.66           4/28/2011 4/28/2021 Common Stock 2000  2000 D  
Stock Option (Right to Buy) $6.75           4/26/2012 4/26/2022 Common Stock 2000  2000 D  
Stock Option (Right to Buy) $6.40           4/25/2013 4/25/2023 Common Stock 2000  2000 D  
Stock Option (Right to Buy) $6.15           4/29/2014 4/29/2024 Common Stock 2000  2000 D  
Stock Option (Right to Buy) $4.70           4/22/2015 4/22/2025 Common Stock 2000  2000 D  

Explanation of Responses:
(1) Represents fully-vested restricted stock granted pursuant to the director compensation plan.
(2) 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; and (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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
MCCONNELL MARC H
5556 HIGHWAY 9
ARMSTRONG, IA 50514
X



Signatures
/s/ Amanda Lorentz as attorney-in-fact for Marc H. McConnell pursuant to power of attorney previously filed.12/2/2020
**Signature of Reporting PersonDate

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