David A. King - Mar 30, 2022 Form 4 Insider Report for ARTS WAY MANUFACTURING CO INC (ARTW)

Role: Chief Executive Officer
Signature: /s/ Joseph Schauer as attorney-in-fact for David Alan King pursuant to power of attorney previously filed.
Stock symbol: ARTW
Transactions as of: Mar 30, 2022
Transactions value $: -$57,527
Form type: 4
Date filed: 4/1/2022, 04:19 PM
Previous filing: Jan 31, 2022
Next filing: Jan 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARTW	Common Stock	Tax liability	-$57.5K	-9.64K	-8.13%	$5.97	109K	Mar 30, 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) 50,522 shares of fully vested stock; (ii) 20,000 shares of restricted stock for which risks of forfeiture lapse on 3/30/23; (iii) 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; and (iv) 25,000 shares of restricted stock for which risks of forfeiture lapse as to 8,334 shares on 1/27/23 and as to 8,333 shares on each of 1/27/24 and 1/27/25.

Content

Represents shares forfeited to pay withholding taxes in connection with the vesting and delivery of restricted stock.

Includes (i) 50,522 shares of fully vested stock; (ii) 20,000 shares of restricted stock for which risks of forfeiture lapse on 3/30/23; (iii) 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; and (iv) 25,000 shares of restricted stock for which risks of forfeiture lapse as to 8,334 shares on 1/27/23 and as to 8,333 shares on each of 1/27/24 and 1/27/25.