MARC MCCONNELL - 07 Feb 2024 Form 4 Insider Report for ARTS WAY MANUFACTURING CO INC (ARTW)

Role
Director
Signature
/s/ Joseph Schauer as attorney-in-fact for Marc H. McConnell pursuant to power of attorney previously filed
Issuer symbol
ARTW
Transactions as of
07 Feb 2024
Transactions value $
$0
Form type
4
Filing time
08 Feb 2024, 16:51:40 UTC
Previous filing
01 Dec 2023
Next filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARTW Common Stock Award $0 +20,000 +12% $0 189,500 07 Feb 2024 Direct F1, F2
holding ARTW Common Stock 5,580 07 Feb 2024 By IRA #1
holding ARTW Common Stock 5,000 07 Feb 2024 By child #1
holding ARTW Common Stock 5,000 07 Feb 2024 By child #2
holding ARTW Common Stock 2,149,819 07 Feb 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) 2,000 07 Feb 2024 Common Stock 2,000 $6.15 Direct
holding ARTW Stock Option (Right to Buy) 2,000 07 Feb 2024 Common Stock 2,000 $4.7 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the grant of shares of restricted stock for which the 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.
F2 Includes (i) 169,500 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.