X0306 4 2022-03-30 0000007623 ARTS WAY MANUFACTURING CO INC ARTW 0001807205 King David Alan 5556 HIGHWAY 9 ARMSTRONG IA 50514 1 Chief Executive Officer Common Stock 2022-03-30 4 F 0 9636 5.97 D 108855 D 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. /s/ Joseph Schauer as attorney-in-fact for David Alan King pursuant to power of attorney previously filed. 2022-04-01