MARC MCCONNELL - 24 Jan 2025 Form 4 Insider Report for ARTS WAY MANUFACTURING CO INC (ARTW)

Signature
/s/ Jonathan A. Greene as Attorney-in-Fact for Marc H. McConnell pursuant to a Power of Attorney Filed Herewith
Issuer symbol
ARTW
Transactions as of
24 Jan 2025
Transactions value $
$0
Form type
4
Filing time
28 Jan 2025, 08:02:18 UTC
Previous filing
03 Dec 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARTW Common Stock Award $0 +20K +10.28% $0.00 215K 24 Jan 2025 Direct F1, F2
holding ARTW Common Stock 5.58K 24 Jan 2025 By IRA #1
holding ARTW Common Stock 5K 24 Jan 2025 By child #1
holding ARTW Common Stock 5K 24 Jan 2025 By child #2
holding ARTW Common Stock 2.15M 24 Jan 2025 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 24 Jan 2025 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 20,000 shares of restricted stock for which risks of forfeiture lapse as to 6,666 shares on 1/24/2026 and as to 6,667 shares on each of 1/24/2027 and 1/24/2028.
F2 Includes (i) 174,500 shares of fully vested stock; (ii) 20,000 shares of restricted stock for which risks of forfeiture lapse as to 6,666 shares on 2/7/2025 and as to 6,667 shares on each of 2/7/2026 and 2/7/2027; and (iii) 20,000 shares of restricted stock for which risks of forfeiture lapse as to 6,666 shares on 1/24/2026 and as to 6,667 shares on each of 1/24/2027 and 1/24/2028.
F3 The Reporting Person serves as Managing Member of McConnell Legacy Investments, LLC.

Remarks:

Exhibit 24.1 Power of Attorney filed herewith.