X0306 4 2012-11-13 0 0001287701 GRAMERCY CAPITAL CORP GKK 0001289000 Harris Benjamin P C/O GRAMERCY CAPITAL CORP. 420 LEXINGTON AVENUE NEW YORK NY 10170 0 1 0 0 President Common Stock 2012-11-13 4 P 0 11000 2.6572 A 651000 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.61 to $2.679, inclusive. Thereporting person undertakes to provide to Gramercy Capital Corp. (the "Company"), any security holder of the Company or the staff of the Securities and ExchangeCommission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. /s/ Benjamin P. Harris, by Edward J. Matey Jr., his attorney-in-fact 2012-11-15