David Alan King - 19 Jan 2022 Form 4 Insider Report for ARTS WAY MANUFACTURING CO INC (ARTW)

Signature
/s/ Joseph Schauer as attorney-in-fact for David Alan King pursuant to power of attorney filed herewith.
Issuer symbol
ARTW
Transactions as of
19 Jan 2022
Net transactions value
-$8,963
Form type
4
Filing time
21 Jan 2022, 17:01:10 UTC
Next filing
31 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARTW Common Stock Tax liability $8,963 -2,644 -2.8% $3.39 93,491 19 Jan 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares forfeited to pay withholding taxes in connection with the vesting and delivery of restricted stock.
F2 Includes (i) 40,000 shares of restricted stock for which risks of forfeiture lapse as to 20,000 shares on each of 3/30/22 and 3/30/23; and (ii) 13,333 shares of restricted stock for which risks of forfeiture lapse as to 6,667 shares on 1/19/23 and as to 6,666 shares on 1/19/24.