<SEC-DOCUMENT>0001062993-23-001612.txt : 20230130
<SEC-HEADER>0001062993-23-001612.hdr.sgml : 20230130
<ACCEPTANCE-DATETIME>20230130175856
ACCESSION NUMBER:		0001062993-23-001612
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230126
FILED AS OF DATE:		20230130
DATE AS OF CHANGE:		20230130

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			King David Alan
		CENTRAL INDEX KEY:			0001807205

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-05131
		FILM NUMBER:		23569415

	MAIL ADDRESS:	
		STREET 1:		C/O ART'S-WAY MANUFACTURING CO. INC.
		STREET 2:		5556 HIGHWAY 9
		CITY:			ARMSTRONG
		STATE:			IA
		ZIP:			50514

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARTS WAY MANUFACTURING CO INC
		CENTRAL INDEX KEY:			0000007623
		STANDARD INDUSTRIAL CLASSIFICATION:	FARM MACHINERY & EQUIPMENT [3523]
		IRS NUMBER:				420920725
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 288
		CITY:			ARMSTRONG
		STATE:			IA
		ZIP:			50514
		BUSINESS PHONE:		7128643131

	MAIL ADDRESS:	
		STREET 1:		P O BOX 288
		CITY:			ARMSTRONG
		STATE:			IA
		ZIP:			50514
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-01-26</periodOfReport>

    <issuer>
        <issuerCik>0000007623</issuerCik>
        <issuerName>ARTS WAY MANUFACTURING CO INC</issuerName>
        <issuerTradingSymbol>ARTW</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001807205</rptOwnerCik>
            <rptOwnerName>King David Alan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5556 HIGHWAY 9</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ARMSTRONG</rptOwnerCity>
            <rptOwnerState>IA</rptOwnerState>
            <rptOwnerZipCode>50514</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President and CEO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-01-26</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>25000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>131211</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-01-27</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3222</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.52</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>127989</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Represents 25,000 shares of restricted stock for which risks of forfeiture lapse as to 8,334 shares on 1/26/2024 and as to 8,333 shares on each of 1/26/2025 and 1/26/2026.</footnote>
        <footnote id="F2">Represents shares forfeited to pay withholding taxes in connection with the vesting and delivery of restricted stock.</footnote>
        <footnote id="F3">Includes (i) 59,657 shares of fully vested stock; (ii) 20,000 shares of restricted stock for which risks of forfeiture lapse on 3/30/23; (iii) 6,666 shares of restricted stock for which risks of forfeiture lapse on 1/19/24; (iv) 16,666 shares of restricted stock for which risks of forfeiture lapse as to  8,333 shares on each of 1/27/24 and 1/27/25; and (v) 25,000 shares of restricted stock for which risks of forfeiture lapse as to 8,334 shares on 1/26/2024 and as to 8,333 shares on each of 1/26/2025 and 1/26/2026.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Edward Peilen as attorney-in-fact for David Alan King pursuant to power of attorney previously filed.</signatureName>
        <signatureDate>2023-01-30</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
