Insider Trades - GALLAGHER KAREN

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GALLAGHER KAREN: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Syntroleum Corporation Officer NasdaqCM:SYNM (historical quotes, profile, SEC, other insiders)	25-Mar-09	176,000	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
25-Mar-09 60,000 SYNM Option Exercise at $0.66 per share.
(Cost of $39,600)
10-Mar-09 60,000 SYNM Option Exercise at $0.66 per share.
(Cost of $39,600)
21-Nov-08 150,000 SYNM Acquisition (Non Open Market)
5-May-08 41,000 SYNM Acquisition (Non Open Market) at $1.35 per share.
(Value of $55,350)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
25-Mar-09	60,000	SYNM	Option Exercise at $0.66 per share. (Cost of $39,600)
10-Mar-09	60,000	SYNM	Option Exercise at $0.66 per share. (Cost of $39,600)
21-Nov-08	150,000	SYNM	Acquisition (Non Open Market)
5-May-08	41,000	SYNM	Acquisition (Non Open Market) at $1.35 per share. (Value of $55,350)