ALEXANDERS INC — Director's Dealing 2008

Sep 22, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALEXANDERS INC (ALX)
CIK: 0000003499
Period of Report: 2008-09-19

Reporting Person: SONNENBLICK ARTHUR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-19	Common Stock	M	3250	$70.375	Acquired	3250	Direct
2008-09-19	Common Stock	S	250	$400.04	Disposed	3000	Direct
2008-09-19	Common Stock	S	500	$402.23	Disposed	2500	Direct
2008-09-19	Common Stock	S	200	$402.56	Disposed	2300	Direct
2008-09-19	Common Stock	S	300	$405	Disposed	2000	Direct
2008-09-19	Common Stock	S	500	$406.2	Disposed	1500	Direct
2008-09-19	Common Stock	S	500	$406.48	Disposed	1000	Direct
2008-09-19	Common Stock	S	500	$405.85	Disposed	500	Direct
2008-09-19	Common Stock	S	500	$410.56	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-19	Options (Right to Buy)	$70.375	M	3250	Disposed	2009-03-04	Common Stock (3250)	Direct

Footnotes

F1: These options were granted on March 4, 1999 and became exercisable over the three year period commencing March 4, 2000.