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Investor Relations
Gyrodyne Company of America

Gyrodyne's directors, officers and more than 10% beneficial owners are required to report all of their stock-related transactions to the SEC, and deliver a copy of such report to NASDAQ and to Gyrodyne. Stock-related transactions include transactions in Gyrodyne stock or derivative securities of Gyrodyne's stock, including everything from buying or selling Gyrodyne stock on the open market, non-open market transactions in Gyrodyne's stock and grants and exercises of options to acquire Gyrodyne stock.

Insider Trading

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Who Shares Transaction Date
MACKLIN RONALD J 500 Direct Purchase at $113 per share. A Value of $56,500 06/14/12
SALOUR NADER GM 1,454 Direct Sale at $115 per share. A Value of $167,210 06/12/12
BHATIA NAVEEN 1,500 Direct Sale at $115 per share. A Value of $172,500 06/12/12
BHATIA NAVEEN 1,500 Direct Sale at $114.50 per share. Value of $171,750 06/11/12
MARONEY STEPHEN V 5,551 Direct Sale at $101.23 per share. Value of $561,927 03/23/12
STEPHEN V MARONEY 7,234 Direct Sale at $101.19 per share. Value of $732,008 03/22/12
BHATIA NAVEEN 4,100 Direct Sale at $101.01 per share. Value of $414,141 12/15/11
BHATIA NAVEEN 1,704 Direct Sale at $101 per share. Value of $172,104 12/14/11
LAMB PAUL L 725 Indirect Purchase at $53 per share. Value of $38,425 10/03/11
SALOUR NADER GM 194 Direct Purchase at $53 per share. Value of $10,282 09/29/11

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