Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Franklin Chris
  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)
Exec. VP & COO Reg. Ops
(Last)
(First)
(Middle)
762 W LANCASTER AVE.
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2013
(Street)

BRYN MAWR, PA 19010
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 07/08/2013   M   4,284 A $ 16.1475 27,477 D  
Common Stock 07/08/2013   F   2,192 (1) D $ 31.56 25,285 D  
Common Stock 07/08/2013   M   5,983 A $ 18.3338 31,268 D  
Common Stock 07/08/2013   F   3,476 (1) D $ 31.56 27,792 D  
Common Stock 07/08/2013   M   1,375 A $ 23.26 29,167 D  
Common Stock 07/08/2013   F   1,014 (1) D $ 31.56 28,153 D  
Common Stock 07/08/2013   M   5,294 A $ 20.18 33,447 D  
Common Stock 07/08/2013   F   3,386 (1) D $ 31.56 30,061 D  
Common Stock 07/09/2013   M   352 A $ 23.26 30,413 D  
Common Stock 401k               7,800.82 (2) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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 07/08/2013   M     4,284 03/01/2005 03/01/2014 Common Stock 4,284 $ 0 0 D  
Stock Options (Right to Buy) $ 18.3338 07/08/2013   M     5,983 02/28/2006 02/28/2015 Common Stock 5,983 $ 0 0 D  
Stock Options (Right to Buy) $ 23.26 07/08/2013   M     1,375 02/22/2008 02/22/2017 Common Stock 1,375 $ 0 2,036 D  
Stock Options (Right to Buy) $ 20.18 07/08/2013   M     5,294 02/26/2009 02/26/2018 Common Stock 5,294 $ 0 0 D  
Stock Options (Right to Buy) $ 23.26 07/09/2013   M     352 02/22/2008 02/22/2017 Common Stock 352 $ 0 8,273 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Franklin Chris
762 W LANCASTER AVE.
BRYN MAWR, PA 19010
      Exec. VP & COO Reg. Ops  

Signatures

 /s/ Brian Dingerdissen, attorney-in-fact for Mr. Franklin   07/10/2013
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Shares disposed of as part of a stock swap to exercise stock options.
(2) Includes 143.48 additional shares acquired under the Company's 401k plan since the last filing.

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