SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LANDY EUGENE W
(Last) (First) (Middle)
JUNIPER BUSINESS PLAZA, SUITE 3-C
3499 RT. 9 NORTH
(Street)
FREEHOLD NJ 07728
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MONMOUTH REAL ESTATE INVESTMENT CORP [ MNR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
09/15/2010
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
MNR Common Stock 09/15/2010 P 1,428.5714 A $7 12,956.7723(1) I Juniper Plaza Associates
MNR Common Stock 643,966.411(2) D
MNR Common Stock 140,291.415(3) I Spouse
MNR Common Stock 185,846.991(4) I Landy & Landy Employees' Pension Plan
MNR Common Stock 223,923.026(5) I Landy & Landy Employees' Profit Sharing Plan
MNR Common Stock 3,007.881 I Windsor Industrial Park Associates
MNR Common Stock 86,200 I Eugene W. and Gloria Landy Family Foundation
MNR Common Stock 13,048 I Landy Investments, Ltd.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Qualified Stock Option to Purchase Common Stock $7.22 01/05/2011 01/05/2018 MNR Common Stock 65,000 65,000 D
Qualified Stock Option to Purchase Common Stock $7.25 10/20/2009 10/20/2016 MNR Common Stock 65,000 65,000 D
Qualified Stock Option to Purchase Common Stock $8.22 12/12/2008 12/12/2015 MNR Common Stock 65,000 65,000 D
Qualified Stock Option to Purchase Common Stock $8.7 09/21/2006 09/21/2013 MNR Common Stock 16,375 16,375 D
Qualified Stock Option to Purchase Common Stock $8.05 01/22/2008 01/22/2015 MNR Common Stock 16,375 16,375 D
Qualified Stock Option to Purchase Common Stock $8.15 08/02/2007 08/02/2014 MNR Common Stock 65,000 65,000 D
Qualified Stock Option to Purchase Common Stock $6.9 01/22/2004 01/22/2011 MNR Common Stock 65,000 65,000 D
Qualified Stock Option to Purchase Common Stock $7.89 08/03/2005 08/03/2012 MNR Common Stock 65,000 65,000 D
Qualified Stock Option to Purchase Common Stock $8.28 08/10/2006 08/10/2013 MNR Common Stock 65,000 65,000 D
Explanation of Responses:
1. Includes 186.1995 shares previously acquired under the MNR Dividend Reinvestment and Stock Purchase Plan. These shares are not required to be reported but are being reflected on this Form 4 to show total holdings.
2. Includes 8,680.414 shares acquired in September under the MNR Dividend Reinvestment and Stock Purchase Plan.
3. Includes 2,817.303 shares acquired in September under the MNR Dividend Reinvestment and Stock Purchase Plan.
4. Includes 1,709.831 shares acquired in September under the MNR Dividend Reinvestment and Stock Purchase Plan.
5. Includes 2,785.91 shares acquired in September under the MNR Dividend Reinvestment and Stock Purchase Plan.
Eugene W. Landy 09/16/2010
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.