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GETTY REALTY CORP /MD/ Director's Dealing 2006

Jul 11, 2006

31912_dirs_2006-07-11_1b7ee0ff-56e1-4cee-84c1-5258b172e9df.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GETTY REALTY CORP /MD/ (GTY)
CIK: 0001052752
Period of Report: 2006-07-07

Reporting Person: SAFENOWITZ HOWARD B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-07-07 Common Stock J 89303 $28.02 Disposed 0.00 Indirect
2006-07-07 Common Stock J 308097 $28.02 Acquired 320540.00 Indirect
2006-07-07 Common Stock J 89303 $28.02 Acquired 89303.00 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 184435.00 Direct
Common Stock 26779.00 Indirect
Common Stock 1837894.00 Indirect
Common Stock 11523.00 Indirect
Common Stock 515000.00 Indirect

Footnotes

F1: tax free exchange of common shares in GTY for partnership interests in Safenowitz Investment Partners, L.P.

F2: As Co-Trustee of The Marilyn Safenowitz Irrevocable Trust u/a/d 12/13/94, in which he has no beneficial interest.

F3: Common Shares of GTY are attributable to ownership of common shares in CLS General Partnership Corp. Subject shares are attributable to CLS shares sold by Marilyn Safenowitz, Trustee of the Non-Exempt Marital Trust crated under the Milton Safenowitz Revocable Trust u/a 2-6-97 to The Marilyn Safenowitz Irrevocable Trust u/a/d 4-13-00, Howard Safenowitz, Trusee.

F4: As Trustee of the Marilyn Safenowitz Irrevocable Trust u/a/d 4/13/2000, in which he has no beneficial interest.

F5: Shares held by Safenowitz Investment Partners, L.P. (the L.P.). The undersigned is the president of the corporate general partner of the L.P.. The undersigned disclaims beneficial ownership of the shares held by the L.P., except to the extent of his pecuniary interest therein.

F6: Shares held by The Safenowitz Partners, LP ( the ''Limited Partnership''). The undersigned is the President of Safenowitz Family Corp., which is the General Partner of the Limited Partnership. The undersigned disclaims beneficial ownership of the shares held by the Limited Partnership, except to the extent of his pecuniary interest therein.

F7: Owned by Spouse. The undersigned disclaims beneficial ownership in these shares.

F8: As President of the General Partner of The Safenowitz Family Partnership, LP. The undersigned disclaims beneficial ownership of the shares held by the Partnership, except to the extent of his pecuniary interest therein.