SPIRE INC — Director's Dealing 2011

Dec 14, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LACLEDE GROUP INC (LG)
CIK: 0001126956
Period of Report: 2011-12-13

Reporting Person: FALLERT JAMES A (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-13	Common Stock	M	2500	$28.85	Acquired	10904	Direct
2011-12-13	Common Stock	M	5500	$30.95	Acquired	16404	Direct
2011-12-13	Common Stock	S	8000	$39.98	Disposed	8404	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-13	Employee Stock Options (right to buy)	$28.85	M	2500	Disposed	2013-11-05	Common Stock (2500)	Direct
2011-12-13	Employee Stock Options (right to buy)	$30.95	M	5500	Disposed	2014-11-03	Common Stock (5500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3739	Indirect

Footnotes

F1: Shares held in Company stock fund of 401(k) plan as reported by trustee as of December 2, 2011 and purchased through regular deferrals under the Plan.

F2: Options vest in four equal annual installments beginning on November 2004.

F3: Options vest in four equal annual installments beginning on November 2005.