GLADSTONE COMMERCIAL CORP — Director's Dealing 2023

May 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLADSTONE COMMERCIAL CORP (GOOD)
CIK: 0001234006
Period of Report: 2023-05-09

Reporting Person: Gerson Gary (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-09	Common Stock	P	6000	$11.2390	Acquired	11500	Direct
2023-05-10	Common Stock	P	2000	$11.2287	Acquired	13500	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	552	Indirect

Footnotes

F1: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $11.2084 to $11.2665 inclusive. The reporting person undertakes to provide to Gladstone Commercial Corporation, any security holder of Gladstone Commercial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F2: The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $11.22 to $11.2375 inclusive. The reporting person undertakes to provide to Gladstone Commercial Corporation, any security holder of Gladstone Commercial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

F3: Mr. Gerson disclaims beneficial ownership of these 552 shares held by his spouse and this report shall not be deemed an admission that Mr. Gerson is the beneficial owner of the securities for purposes of Section 16 or any other purpose.