X0306 4 2015-06-26 0 0000044689 GYRODYNE CO OF AMERICA INC GYRO 0001244352 LAMB PAUL L 42 MT. GREY ROAD EAST SETAUKET NY 11733 1 0 0 0 Gyrodyne Company of America Common Stock 2015-06-26 4 P 0 9963.5 2.75 A 12450.54 I By Lamb & Barnosky Profit Sharing Plan, of which Mr. Lamb is Trustee Gyrodyne Company of America Common Stock 2015-06-26 4 P 0 52171.5 2.75 A 64094.5 I By Paul L. Lamb P.C. Defined Benefit Plan, of which Mr. Lamb is Trustee Gyrodyne Company of America Common Stock 2015-06-26 4 P 0 39183 2.75 A 54561 I By Paul L. Lamb IRA On June 26, 2015, the reporting person purchased a total of 101,318 shares of common stock of Gyrodyne Company of America, Inc. (the "Company") for $2.75 per share in connection with the reporting person's exercise of nontransferable subscription rights to purchase common stock of the Company pursuant to the Company's rights offering. P.L. Lamb 2015-06-30