Marc H. Mcconnell - Aug 31, 2024 Form 4 Insider Report for ARTS WAY MANUFACTURING CO INC (ARTW)

Role
Director, 10%+ Owner
Signature
/s/ Alan Gilbert, Attorney-in-Fact for Marc H. McConnell
Stock symbol
ARTW
Transactions as of
Aug 31, 2024
Transactions value $
$0
Form type
4
Date filed
9/3/2024, 07:14 PM
Previous filing
Jun 3, 2024
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARTW Common Stock Award $0 +1K +0.52% $0.00 194K Aug 31, 2024 Direct F1, F2
holding ARTW Common Stock 5.58K Aug 31, 2024 By IRA #1
holding ARTW Common Stock 5K Aug 31, 2024 By child #1
holding ARTW Common Stock 5K Aug 31, 2024 By child #2
holding ARTW Common Stock 2.15M Aug 31, 2024 McConnell Legacy Investments, LLC F3

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 Aug 31, 2024 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) 172,500 shares of fully vested stock; and (ii) 20,000 shares of restricted stock for which risks of forfeiture lapse as to 6,666 shares on 2/7/25 and as to 6,667 shares on each of 2/7/26 and 2/7/27.
F3 The Reporting Person serves as Managing Member of McConnell Legacy Investments, LLC.

Remarks:

Exhibit 24.1 Power of Attorney filed with Form 4 on June 3, 2024 and incorporated herein by reference.