Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Edmiston Bryan
 2. Date of Event Requiring Statement (Month/Day/Year)
08/15/2011		 3. Issuer Name and Ticker or Trading Symbol
GLEACHER & COMPANY, INC. [GLCH]
(Last)
(First)
(Middle)
GLEACHER & COMPANY, INC., 1290 AVENUE OF THE AMERICAS, 4TH FL		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Controller
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10104		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 26,905 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Edmiston Bryan
GLEACHER & COMPANY, INC.
1290 AVENUE OF THE AMERICAS, 4TH FL
NEW YORK, NY 10104		       Controller  

Signatures

/s/ Patricia A. Arciero-Craig, Attorney-in-Fact for Bryan J. Edmiston 08/24/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The shares reported in this Form 3 consist of equity awards granted to the reporting person on February 15, 2011 pursuant to the issuer's 2007 Incentive Compensation Plan as follows: 11,905 restricted stock units representing shares of common stock of the issuer which vest in equal annual installments of approximately 33% commencing on February 15, 2012 through February 15, 2014; and 15,000 shares of common stock of the issuer.
 
Remarks:
Exhibit List:  Exhibit 24 - Power of Attorney

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