SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Pape Kathy L

(Last) (First) (Middle)
762 W LANCASTER AVE.

(Street)
BRYN MAWR PA 19010

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
AQUA AMERICA INC [ WTR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. VP Treasurer and Rates
3. Date of Earliest Transaction (Month/Day/Year)
05/17/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/17/2007 05/17/2007 M 12,500 A $11.46 26,717 D
Common Stock 05/17/2007 05/17/2007 M 8,073 A $12.483 34,790 D
Common Stock 05/17/2007 05/17/2007 M 3,593 A $12.483 38,383 D
Common Stock 05/17/2007 05/17/2007 M 2,153 A $12.4875 40,536 D
Common Stock 05/17/2007 05/17/2007 M 9,513 A $12.4875 50,049 D
Common Stock 05/17/2007 05/17/2007 M 7,808 A $16.1475 57,857 D
Common Stock 05/17/2007 05/17/2007 M 5,525 A $16.1475 63,382 D
Common Stock 05/17/2007 05/17/2007 M 1,539 A $18.3338 64,921 D
Common Stock 05/17/2007 05/17/2007 M 7,350 A $18.3338 72,271 D
Common Stock 05/17/2007 05/17/2007 S 12,500 D $22 59,771 D
Common Stock 05/17/2007 05/17/2007 S 45,554 D $22.077 14,217 D
COMMON STOCK 401K 1,905 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) $11.46 05/17/2007 05/17/2007 M 12,500 03/06/2002 03/06/2011 Common Stock 12,500 $11.46 0 D
Stock Options (Right to buy) $12.483 05/17/2007 05/17/2007 M 8,073 03/03/2004 03/03/2013 Common Stock 8,073 $12.483 3,593 D
Stock Options (Right to buy) $12.483 05/17/2007 05/17/2007 M 3,593 03/03/2004 03/03/2013 Common Stock 3,593 $12.483 0 D
Stock Options (Right to buy) $12.4875 05/17/2007 05/17/2007 M 9,513 06/17/2003 06/17/2012 Common Stock 9,513 $12.4875 2,153 D
Stock Options (Right to buy) $12.4875 05/17/2007 05/17/2007 M 2,153 06/17/2003 06/17/2012 Common Stock 2,153 $12.4875 0 D
Stock Options (Right to buy) $16.1475 05/17/2007 05/17/2007 M 5,525 03/01/2005 03/01/2014 Common Stock 5,525 $16.1475 7,808 D
Stock Options (Right to buy) $16.1475 05/17/2007 05/17/2007 M 7,808 03/01/2005 03/01/2014 Common Stock 7,808 $16.1475 0 D
Stock Options (Right to buy) $18.3338 05/17/2007 05/17/2007 M 1,539 02/28/2006 02/28/2015 Common Stock 1,539 $18.3338 11,794 D
Stock Options (Right to buy) $18.3338 05/17/2007 05/17/2007 M 7,350 02/28/2006 02/28/2015 Common Stock 7,350 $18.3338 4,444 D
Explanation of Responses:
Brian Dingerdissen 05/18/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.