GLADSTONE CAPITAL CORP — Director's Dealing 2004

Feb 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLADSTONE CAPITAL CORP (GLAD)
CIK: 0001143513
Period of Report: 2004-02-18

Reporting Person: ENGLISH MICHELA A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-18	Employee Stock Option (right to buy)	$22.56	A	10000	Acquired	2014-02-17	Common Stock (10000)	Direct

Footnotes

F1: Shares subject to the option vest in two equal annual installments of 5,000 shares on the first and second anniversaries of the Date of Grant