ALEXANDERS INC — Director's Dealing 2008

Aug 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALEXANDERS INC (ALX)
CIK: 0000003499
Period of Report: 2008-08-07

Reporting Person: SONNENBLICK ARTHUR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-08-07	Common Stock	M	1000	$70.375	Acquired	1000	Direct
2008-08-07	Common Stock	S	300	$385	Disposed	700	Direct
2008-08-07	Common Stock	S	700	$381.7157	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-08-07	Options (Right to Buy)	$70.375	M	1000	Disposed	2009-03-04	Common Stock (1000)	Direct

Footnotes

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