GAIA, INC — Director's Dealing 2006

Sep 18, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAIAM INC (GAIA)
CIK: 0001089872
Period of Report: 2006-09-14

Reporting Person: Valentine Vilia (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-14	Stock Option (right to buy)	$11.89	A	30000	Acquired	2013-09-14	Class A Common Stock (30000)	Direct

Footnotes

F1: Granted pursuant to Issuer's 1999 Long-Term Incentive Plan. Option vests at a rate of 2% monthly beginning August 2007.