Sec Form 4 Filing - DEBENEDICTIS NICHOLAS @ AQUA AMERICA INC - 2013-06-03

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person DEBENEDICTIS NICHOLAS 2. Issuer Name and Ticker or Trading Symbol AQUA AMERICA INC [ WTR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) CHAIRMAN & PRESIDENT (Last) (First) (Middle) 762 W LANCASTER AVE. 3. Date of Earliest Transaction (MM/DD/YY) 06/03/2013 (Street) BRYN MAWR, PA19010 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 06/03/2013 M 36,031 A $ 16.1475 332,651.94 D Common Stock 06/03/2013 F 23,859 ( 1 ) D $ 31.425 308,792.94 D Common Stock 06/03/2013 M 93,333 A $ 18.3338 402,125.94 D Common Stock 06/03/2013 F 65,618 ( 1 ) D $ 31.425 336,507.94 D Common Stock 06/03/2013 M 55,000 A $ 29.46 391,507.94 D Common Stock 06/03/2013 F 52,548 ( 1 ) D $ 31.425 338,959.94 D Common Stock 06/03/2013 M 55,000 A $ 23.26 393,959.94 D Common Stock 06/03/2013 F 44,729 ( 1 ) D $ 31.425 349,230.94 D Common Stock 06/03/2013 M 55,000 A $ 20.18 404,230.94 D Common Stock 06/03/2013 F 40,776 ( 1 ) D $ 31.425 363,454.94 D Common Stock 06/03/2013 M 55,000 A $ 19.12 418,454.94 D Common Stock 06/03/2013 F 40,033 ( 1 ) D $ 31.425 378,421.94 D Common Stock 06/03/2013 M 55,000 A $ 17.14 433,421.94 D Common Stock 06/03/2013 F 37,625 ( 1 ) D $ 31.425 395,796.94 D Common Stock 06/04/2013 S 45,000 D $ 30.6937 350,796.94 D Common Stock 06/05/2013 S 54,176 D $ 30.3674 296,620.94 D Common Stock Ownership By Spouse 64,280 I Spouse Common Stock-GRAT 69,296 I GRAT #4 Common Stock - Ownership By Trust 171,488 I Trust Common Stock - Ownership By Trust 185,160 I Trust - Spouse Common Stock - IRA 4,144 D Common Stock - IRA 3,313 I IRA - Spouse Common Stock 401k 15,448.78 ( 2 ) I 401k

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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) $ 16.1475 06/03/2013 M 36,031 03/01/2005 03/01/2014 Common Stock 36,031 $ 0 0 D Stock Options (Right to Buy) $ 18.3338 06/03/2013 M 93,333 02/28/2006 02/28/2015 Common Stock 93,333 $ 0 0 D Stock Options (Right to Buy) $ 29.46 06/03/2013 M 55,000 03/07/2007 03/07/2016 Common Stock 55,000 $ 0 0 D Stock Options (Right to Buy) $ 23.26 06/03/2013 M 55,000 02/22/2008 02/22/2017 Common Stock 55,000 $ 0 0 D Stock Options (Right to Buy) $ 20.18 06/03/2013 M 55,000 02/26/2009 02/26/2018 Common Stock 55,000 $ 0 0 D Stock Options (Right to Buy) $ 19.12 06/03/2013 M 55,000 02/26/2010 02/26/2019 Common Stock 55,000 $ 0 0 D Stock Options (Right to Buy) $ 17.14 06/03/2013 M 55,000 01/22/2011 01/22/2020 Common Stock 55,000 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other DEBENEDICTIS NICHOLAS 762 W LANCASTER AVE. BRYN MAWR, PA19010 X CHAIRMAN & PRESIDENT Signatures /s/ Brian Dingerdissen, attorney-in-fact for Mr. DeBenedictis 06/05/2013 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares disposed of as part of a stock swap to exercise stock options. ( 2 )Includes 83.45 additional shares acquired under the Company's 401k plan since the last filing.

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).

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