GRAHAM CORP — Director's Dealing 2008

Aug 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRAHAM CORP (GHM)
CIK: 0000716314
Period of Report: 2005-12-27

Reporting Person: BERKELEY HELEN H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-27	Common Stock	G	1000	—	Disposed	162180	Direct
2007-11-02	Common Stock	G	1557	—	Disposed	160233	Direct
2008-08-05	Common Stock	S	100	$91.90	Disposed	160133	Direct
2008-08-05	Common Stock	S	1000	$91.60	Disposed	159133	Direct
2008-08-05	Common Stock	S	1000	$91.35	Disposed	158133	Direct
2008-08-05	Common Stock	S	1000	$91.30	Disposed	157133	Direct
2008-08-05	Common Stock	S	1000	$91.26	Disposed	156133	Direct
2008-08-05	Common Stock	S	1000	$91.05	Disposed	155133	Direct
2008-08-05	Common Stock	S	1000	$91.00	Disposed	154133	Direct
2008-08-05	Common Stock	S	1000	$90.70	Disposed	153133	Direct
2008-08-05	Common Stock	S	900	$90.55	Disposed	152233	Direct
2008-08-05	Common Stock	S	2000	$90.50	Disposed	150233	Direct
2008-08-05	Common Stock	S	1000	$90.45	Disposed	149233	Direct
2008-08-05	Common Stock	G	10408	—	Disposed	138825	Direct

Footnotes

F1: These gifts, which were not previously reported, were made prior to the 5-for-4 stock split in the nature of a stock dividend paid on 1/3/08. The share amounts have not been adjusted to reflect the stock split, but the amount of securities beneficially owned following the reported transactions has been adjusted in order to reconcile the reporting person's holdings with prior reports.