GERMAN AMERICAN BANCORP, INC. — Director's Dealing 2011

May 23, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GERMAN AMERICAN BANCORP, INC. (GABC)
CIK: 0000714395
Period of Report: 2011-05-16

Reporting Person: SEGER THOMAS W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-16	COMMON STOCK	P	51.0084	$16.6639	Acquired	377161.0309	Direct

Footnotes

F1: Includes 43,013.03 shares held by Mr. Seger's spouse, 15,401 shares held by Mr. Seger as custodian for his children; 92,667 shares owned by certain corporations (or their retirement plans) of which Mr. Seger is an executive officer or shareholder; and 44,802 shares held in a memorial foundation of which Mr. Seger controls the investments.