Marc Mcconnell - Nov 30, 2021 Form 4 Insider Report for ARTS WAY MANUFACTURING CO INC (ARTW)

Role: Director
Signature: /s/ Sarah Tucher as attorney-in-fact for Marc H. McConnell pursuant to power of attorney previously filed.
Stock symbol: ARTW
Transactions as of: Nov 30, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/2/2021, 08:22 PM
Previous filing: Apr 22, 2022
Next filing: Jan 31, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARTW	Common Stock	Award	$0	+1K	+0.92%	$0.00	110K	Nov 30, 2021	Direct	F1, F2
holding	ARTW	Common Stock						5K	Nov 30, 2021	By IRA #1
holding	ARTW	Common Stock						580	Nov 30, 2021	By IRA #2
holding	ARTW	Common Stock						5K	Nov 30, 2021	By child #1
holding	ARTW	Common Stock						5K	Nov 30, 2021	By child #2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ARTW	Stock Option (Right to Buy)						2K	Nov 30, 2021	Common Stock	2K	$6.75	Direct
holding	ARTW	Stock Option (Right to Buy)						2K	Nov 30, 2021	Common Stock	2K	$6.40	Direct
holding	ARTW	Stock Option (Right to Buy)						2K	Nov 30, 2021	Common Stock	2K	$6.15	Direct
holding	ARTW	Stock Option (Right to Buy)						2K	Nov 30, 2021	Common Stock	2K	$4.70	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents fully-vested restricted stock granted pursuant to the director compensation plan.
F2	Includes (i) 4,000 shares of restricted stock for which the risks of forfeiture lapse on 1/31/22; (ii) 8,334 shares of restricted stock for which the risks of forfeiture lapse as to 4,167 shares on each of 1/30/22 and 1/30/23; and(iii) 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.