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GLADSTONE COMMERCIAL CORP · Dec 13, 4:49 PM ET

GLADSTONE COMMERCIAL CORP 4

4 · GLADSTONE COMMERCIAL CORP · Filed Dec 13, 2006

Insider Transaction Report

Form 4

Period: 2006-12-12

GLADSTONE COMMERCIAL CORPGOOD

Director

Transactions

Sale
Common Stock
2006-12-12$20.33/sh−3,500$71,141→ 1,000 total
Exercise/Conversion
Common stock
2006-12-13−10,000→ 0 total
Exercise: $15.99Exp: 2006-12-31→ Common Stock (10,000 underlying)
Exercise/Conversion
Common Stock
2006-12-13$15.99/sh+10,000$159,900→ 10,000 total
Sale
Common Stock
2006-12-12$20.30/sh−9,000$182,700→ 1,000 total
Exercise/Conversion
Common Stock
2006-12-12$15.00/sh+3,500$52,500→ 4,500 total
Exercise/Conversion
Common Stock
2006-12-13$15.00/sh+6,500$97,500→ 7,500 total
Sale
Common Stock
2006-12-13$20.30/sh−6,500$131,950→ 1,000 total
Exercise/Conversion
Common stock
2006-12-13−6,500→ 0 total
Exercise: $15.00Exp: 2006-12-31→ Common Stock (6,500 underlying)
Sale
Common Stock
2006-12-12$20.30/sh−10,000$203,000→ 1,000 total

Footnotes (3)

[F1]The option vested in two equal installments of 5,000 shares each on August 12, 2004 and August 12, 2005
[F2]The option vested in two equal installments of 5,000 shares each on May 26, 2005 and May 26, 2006
[F3]The option vested in two equal installments of 5,000 shares each on May 25, 2006 and July 11, 2006

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT