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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* DEBENEDICTIS NICHOLAS (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) X Director 10% Owner X Officer (give title below) Other (specify below) CHAIRMAN & PRESIDENT
	3. Date of Earliest Transaction (Month/Day/Year) 06/13/2012
	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-GRAT	06/13/2012		J		51,480(1)	D	$23.875	69,296	I	GRAT #4
Common Stock	06/13/2012		J		51,480(1)	A	$23.875	441,725.28	D
Common Stock Ownership By Spouse								60,551	I	Spouse
Common Stock-GRAT								70,971.878	I	GRAT #3
Common Stock-GRAT								65,777.878	I	GRAT #3 - Spouse
Common Stock-GRAT								60,225	I	GRAT #4 - Spouse
Common Stock - IRA								4,086.36(2)	D
Common Stock - IRA								3,266.93(3)	I	IRA - Spouse
Common Stock 401k								14,924.01(4)	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 (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

Explanation of Responses:

1. On June 13, 2012, the reporting person distributed shares from a grantor retained annuity trust ("GRAT") to an individual account in his name. These shares were previously reported as indirectly beneficially owned by the reporting person by virtue of serving as trustee of the GRAT and are now being reported as directly beneficially owned in the individual account.

2. Includes 60.75 additional shares acquired under the Issuer's dividend reinvestment plan since the date of the reporting person's last ownership report.

3. Includes 48.35 shares acquired under the Issuer's dividend reinvestment plan since the date of the reporting person's last ownership report.

4. Includes 432.37 additional shares acquired under the Company's 401k plan since the last filing.

	/s/ Brian Dingerdissen, attorney-in-fact for Mr. DeBenedictis	06/14/2012
	** 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).
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