GAIA, INC — Director's Dealing 2006

Mar 31, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAIAM INC (GAIA)
CIK: 0001089872
Period of Report: 2006-03-29

Reporting Person: MATHEWS JANET (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-03-29	Common Stock	M	10000	$4.375	Acquired	10600	Direct
2006-03-29	Common Stock	M	10000	$5.00	Acquired	20600	Direct
2006-03-29	Common Stock	S	20000	$16.25	Disposed	600	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-03-29	Stock Option (right to buy)	$4.375	M	10000	Disposed	2006-06-01	Common Stock (10000)	Direct
2006-03-29	Stock Option (right to buy)	$5.00	M	10000	Disposed	2006-10-18	Common Stock (10000)	Direct

Footnotes

F1: Option vested on a monthly basis commencing 5/1/2000.

F2: Option vested on a monthly basis commencing 9/18/2000.