GLADSTONE COMMERCIAL CORP — Director's Dealing 2003

Dec 18, 2003

SEC Form 4/A — Form 4/A

Issuer: GLADSTONE COMMERCIAL CORP (GOOD)
CIK: 0001234006
Period of Report: 2003-12-09

Reporting Person: OUTLAND JOHN H (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-09	Stock Option (Right to Buy)	$16.53	A	10000	Acquired	2013-12-08	Common Stock (10000)	Direct

Footnotes

F1: Fifty percent of the shares underlying this option vest on 12/9/04 and 50% vest on 12/9/05.