GAIA, INC — Director's Dealing 2011

Feb 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GAIAM, INC (GAIA)
CIK: 0001089872
Period of Report: 2010-11-04

Reporting Person: POWERS LYNN (Director, CEO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-04	Employee Stock Option (right to buy)	$5.30	D	200000	Disposed	2010-11-20	Class A Common Stock (200000)	Direct
2010-11-04	Employee Stock Option (right to buy)	$5.30	A	200000	Acquired	2012-03-31	Class A Common Stock (200000)	Direct

Footnotes

F1: The two reported transactions involve the extension of the expiration date for an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 20, 2003 and provides for vesting of 2% per month for 50 months commencing on October 1, 2004.