ALEXANDERS INC — Director's Dealing 2009

Feb 26, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALEXANDERS INC (ALX)
CIK: 0000003499
Period of Report: 2009-02-26

Reporting Person: MACNOW JOSEPH (CFO/EVP - Fin. & Admin.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-26	Common Stock	M	4346	$68.9786	Acquired	4586	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-25	Options (Right to Buy)	$68.9786	M	4346	Disposed	2009-03-03	Common Shares (4346)	Direct

Footnotes

F1: Reflects 86 additional shares and a price reduction of $1.3964 due to an anti-dilution adjustment resulting from a special dividend paid on October 30, 2008.