Gladstone Investment Corporation (GAIN)

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Insider Trading: Purchases

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Watson Officer	$7.22	1,000	$7,220.00	4,539	2011-05-26	Filing
Licalsi Officer	$7.81	673	$5,256.13	2,109	2011-02-07	Filing
Licalsi Officer	$7.80	402	$3,135.60	1,436	2011-02-07	Filing
Adelgren Director	$7.76	650	$5,044.00	2,619	2011-02-24	Filing
Reilly Director	$7.61	4,000	$30,432.80	4,000	2011-02-04	Filing
Dullum Officer, Director	$7.69	3,000	$23,070.00	27,318	2011-02-04	Filing
Dullum Officer, Director	$7.70	1,500	$11,550.00	24,318	2010-11-19	Filing
Brubaker Officer, Director	$6.78	4,300	$29,154.00	19,071	2010-09-30	Filing
Licalsi Officer	$6.30	1,000	$6,300.00	1,000	2010-08-11	Filing
Watson Officer	$6.19	500	$3,094.95	3,500	2010-08-11	Filing
Watson Officer	$6.38	1,500	$9,570.00	3,000	2010-08-11	Filing
Licalsi Officer	$6.38	968	$6,175.84	2,500	2010-08-06	Filing
Licalsi Officer	$6.42	1,532	$9,835.44	1,532	2010-08-06	Filing
Watson Officer	$6.50	1,500	$9,750.00	1,500	2010-08-05	Filing
Dullum Officer, Director	$2.92	4,000	$11,680.00	22,818	2009-02-24	Filing
Mead Director	$3.33	1,000	$3,330.00	10,132	2009-02-24	Filing
Dullum Officer, Director	$2.92	4,000	$11,680.00	24,167	2009-02-24	Filing
Brubaker Officer, Director	$4.69	500	$2,345.00	16,050	2008-11-28	Filing