Michael W. Woods - Jan 26, 2023 Form 4 Insider Report for ARTS WAY MANUFACTURING CO INC (ARTW)

Role
Chief Financial Officer
Signature
/s/ Edward Peilen as attorney-in-fact for Michael William Woods pursuant to a power of attorney filed previously.
Stock symbol
ARTW
Transactions as of
Jan 26, 2023
Transactions value $
-$2,099
Form type
4
Date filed
1/30/2023, 04:57 PM
Previous filing
Jan 23, 2023
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARTW Common Stock Award $0 +7K +33.15% $0.00 28.1K Jan 26, 2023 Direct F1
transaction ARTW Common Stock Tax liability -$2.1K -833 -2.96% $2.52 27.3K Jan 27, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 7,000 shares of restricted stock for which risks of forfeiture lapse as to 2,334 shares on 1/26/2024 and as to 2,333 shares on each of 1/26/2025 and 1/26/2026.
F2 Represents shares forfeited to pay withholding taxes in connection with the vesting and delivery of restricted stock.
F3 Includes (i) 11,616 shares of fully vested stock; (ii) 1,666 shares of restricted stock for which risks of forfeiture lapse on 1/30/23; (iii) 2,333 shares of restricted stock for which risks of forfeiture lapse 1/19/24; (iv) 4,666 shares of restricted stock for which risks of forfeiture lapse as to 2,333 shares on each of 1/27/24 and 1/27/25; and (v) 7,000 shares of restricted stock for which risks of forfeiture lapse as to 2,334 shares on 1/26/2024 and as to 2,333 shares on each of 1/26/2025 and 1/26/2026.