ALEXANDERS INC — Director's Dealing 2012

May 29, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALEXANDERS INC (ALX)
CIK: 0000003499
Period of Report: 2011-04-25

Reporting Person: ROTH STEVEN (Director, Chairman and CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-25	Common Stock	G	43798	—	Disposed	17188	Indirect
2012-04-26	Common Stock	G	2726	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-24	Deferred Stock Units	$	A	129	Acquired		Common Stock (129)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	163176	Direct
Common Stock	754568	Indirect

Footnotes

F1: Reflects the number of shares of Common Stock distributed in accordance with the requirements of the applicable grantor retained annuity trusts to certain family trusts of which the reporting person is not a trustee.

F2: These shares of Common Stock are held in grantor retained annuity trusts. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these shares of Common Stock.

F3: Reflects the number of shares of Common Stock after distributions to the reporting person in accordance with the requirements of the appropriate grantor retained annuity trusts.

F4: These shares of Common Stock are held by Interstate Properties, a New Jersey general partnership of which Mr. Roth is the managing general partner. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these 754,568 shares of Common Stock, except to the extent of his pecuniary interest.

F5: On May 24, 2012, the reporting person received a grant of Deferred Stock Units of Alexander's Inc. (the "Company"). The Deferred Stock Units entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.

F6: These Deferred Stock Units vest immediately but the Common Stock underlying the Deferred Stock Units is not deliverable until the reporting person is no longer serving as a member of the Company's Board of Directors.