GRAHAM CORP - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAHAM CORP (GHM)
CIK: 0000716314
Period of Report: 2007-10-29

Reporting Person: LEMCKE H RUSSEL (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-29	Common Stock	S	2000	$62.00	Disposed	37860	Direct
2007-10-29	Common Stock	S	250	$61.74	Disposed	37610	Direct
2007-10-29	Common Stock	S	400	$61.57	Disposed	37210	Direct
2007-10-29	Common Stock	S	350	$61.55	Disposed	36860	Direct
2007-10-29	Common Stock	S	500	$61.53	Disposed	36360	Direct
2007-10-29	Common Stock	S	1000	$61.50	Disposed	35360	Direct
2007-10-29	Common Stock	S	400	$61.42	Disposed	34960	Direct
2007-10-29	Common Stock	S	3	$61.33	Disposed	34957	Direct
2007-10-29	Common Stock	S	100	$61.31	Disposed	34857	Direct
2007-10-29	Common Stock	S	100	$61.30	Disposed	34757	Direct
2007-10-29	Common Stock	S	100	$61.29	Disposed	34657	Direct
2007-10-29	Common Stock	S	400	$61.25	Disposed	34257	Direct
2007-10-29	Common Stock	S	197	$61.24	Disposed	34060	Direct
2007-10-29	Common Stock	S	100	$61.20	Disposed	33960	Direct
2007-10-29	Common Stock	S	200	$61.14	Disposed	33760	Direct
2007-10-29	Common Stock	S	99	$61.12	Disposed	33661	Direct
2007-10-29	Common Stock	S	1000	$61.10	Disposed	32661	Direct
2007-10-29	Common Stock	S	100	$61.08	Disposed	32561	Direct
2007-10-29	Common Stock	S	200	$61.07	Disposed	32361	Direct
2007-10-29	Common Stock	S	300	$61.06	Disposed	32061	Direct
2007-10-29	Common Stock	S	200	$61.05	Disposed	31861	Direct
2007-10-29	Common Stock	S	100	$61.04	Disposed	31761	Direct
2007-10-29	Common Stock	S	751	$61.01	Disposed	31010	Direct
2007-10-29	Common Stock	S	100	$61.0375	Disposed	30910	Direct
2007-10-29	Common Stock	S	1350	$61.00	Disposed	29560	Direct
2007-10-29	Common Stock	S	100	$60.94	Disposed	29460	Direct
2007-10-29	Common Stock	S	100	$60.90	Disposed	29360	Direct