X0306 4 2020-03-19 0001321741 GLADSTONE INVESTMENT CORPORATION\DE GAIN 0001238284 BRUBAKER TERRY LEE 1521 WESTBRANCH DRIVE SUITE 100 MCLEAN VA 22102 1 1 0 0 Chief Operating Officer Common Stock 2020-03-19 4 P 0 2500 6.73 A 13733 D The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $6.43 to $7.04 inclusive. The reporting person undertakes to provide to Gladstone Investment Corporation, any security holder of Gladstone Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Michael LiCalsi, Attorney-in-fact 2020-03-20