ONE LIBERTY PROPERTIES INC — Director's Dealing 2012

Nov 19, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ONE LIBERTY PROPERTIES INC (OLP)
CIK: 0000712770
Period of Report: 2012-08-29

Reporting Person: GOULD MATTHEW J (Director, SENIOR VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-15	Common Stock	P	200	$17.85	Acquired	1523908	Indirect
2012-11-16	Common Stock	P	101	$17.80	Acquired	1524009	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	180013	Direct
Common Stock	177606	Direct
Common Stock	41223	Indirect
Common Stock	13977	Indirect

Footnotes

F1: Reporting person transferred 798 shares of issues on August 29, 2012 and 2,407 shares of issuer on September 17, 2012 to ex-spouse purusant to domestic relations order. Reporting person no longer reports as benefically owed any securities owned by his ex-spouse.

F2: Includes shares held in reporting person's IRA and Keogh accounts and in money purchase pension plan.

F3: These shares are owned by a charitable foundation of which reporting person is a director.

F4: Reporting person is president of managing general partner of Gould Investors L.P. Reporting person also holds limited partnership units in Gould Investors L.P. These shares represent all shares of issuer owned by Gould Investors L.P. Inclues shares obtained through issuer's dividend reinvestment plan.