David Alan King - 30 Mar 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.
Issuer symbol: ARTW
Transactions as of: 30 Mar 2022
Net transactions value: -$57,527
Form type: 4
Filing time: 01 Apr 2022, 16:19:02 UTC
Previous filing: 31 Jan 2022
Next filing: 23 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARTW	Common Stock	Tax liability	$57,527	-9,636	-8.1%	$5.97	108,855	30 Mar 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.