X0304 5 2011-12-31 0 0 0000912898 GLIMCHER REALTY TRUST GRT 0001176223 GLIMCHER MICHAEL P C/O GLIMCHER REALTY TRUST 180 EAST BROAD STREET COLUMBUS OH 43215 1 1 Chairman and CEO Partnership Units of Glimcher Properties LP (the "Units") 2011-12-31 5 J 0 102683.0000 0.0000 A Common Shares of Beneficial Interest 102683.0000 259872.0000 D At the Reporting Person's option, these Units may be redeemed at any time for, at the option of Glimcher Properties Limited Partnership (an affiliate of the Issuer), (a) cash or (b) the Issuer's common shares of beneficial interest on a one-for-one basis. The price of a Unit is equal to its fair market value (which will generally be the value of a common share of beneficial interest) computed as of the date of redemption. The Units were previously reported as being held indirectly by the Michael Glimcher Trust. On 12/31/11, the trust expired and the Units were distributed to Mr. Glimcher and are currently held directly by Mr. Glimcher. EXHIBIT INDEX Exhibit 24 - Power of Attorney George A. Schmidt, Attorney-in-Fact 2012-02-08