GAIA, INC — Director's Dealing 2004

Feb 6, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAIAM INC (GAIA)
CIK: 0001089872
Period of Report: 2003-12-22

Reporting Person: ARGYROPOULOS JAMES P (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-22	Class A Common Stock	S	2900	$5.80	Disposed	427100	Indirect
2003-12-23	Class A Common Stock	S	12100	$5.73	Disposed	415000	Indirect
2003-12-24	Class A Common Stock	S	8700	$5.82	Disposed	406300	Indirect
2003-12-26	Class A Common Stock	S	3000	$5.82	Disposed	403300	Indirect
2003-12-29	Class A Common Stock	S	3300	$5.82	Disposed	400000	Indirect

Footnotes

F1: By Argyropoulos Investors, G.P.