-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 DAE3mVfbE4EInNhpYFc9CA3U/zAsKIW7OF4HE6eFqkeleVeB3uETxdJ9RWHDn0/Z
 L3i0ohRhVFdRscudlXT7Ig==

<SEC-DOCUMENT>0000902664-06-001338.txt : 20060501
<SEC-HEADER>0000902664-06-001338.hdr.sgml : 20060501
<ACCEPTANCE-DATETIME>20060501171325
ACCESSION NUMBER:		0000902664-06-001338
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20051122
FILED AS OF DATE:		20060501
DATE AS OF CHANGE:		20060501

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Zimmerman Michael
		CENTRAL INDEX KEY:			0001326156

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27517
		FILM NUMBER:		06796140

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(212) 756-8040

	MAIL ADDRESS:	
		STREET 1:		900 THIRD AVENUE, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GAIAM INC
		CENTRAL INDEX KEY:			0001089872
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812]
		IRS NUMBER:				841113527
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		360 INTERLOCKEN BLVD #300
		CITY:			BROOMFIELD
		STATE:			CO
		ZIP:			80021
		BUSINESS PHONE:		3032223600

	MAIL ADDRESS:	
		STREET 1:		360 INTERLOCKEN BLVD #300
		CITY:			BROOMFIELD
		STATE:			CO
		ZIP:			80021

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Prentice Capital Management, LP
		CENTRAL INDEX KEY:			0001326150
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27517
		FILM NUMBER:		06796141

	BUSINESS ADDRESS:	
		STREET 1:		900 THIRD AVENUE, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		(212) 756-8040

	MAIL ADDRESS:	
		STREET 1:		900 THIRD AVENUE, 11TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-11-22</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001089872</issuerCik>
        <issuerName>GAIAM INC</issuerName>
        <issuerTradingSymbol>GAIA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001326150</rptOwnerCik>
            <rptOwnerName>Prentice Capital Management, LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>623 FIFTH AVENUE, 32ND FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001326156</rptOwnerCik>
            <rptOwnerName>Zimmerman Michael</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>623 FIFTH AVENUE, 32ND FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10022</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Class A Common Stock (&quot;Common Stock&quot;)</value>
            </securityTitle>
            <transactionDate>
                <value>2005-11-22</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>250000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13.65</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3138519</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote 1</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2006-04-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>200000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>14.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3338519</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote 1</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Prentice Capital Management, LP (the &quot;Investment Manager&quot;) serves as investment manager to a number of investment funds
 (including Prentice Capital Partners, LP, Prentice Capital Partners QP, LP and Prentice Capital Offshore, Ltd.) and manages
 investments for certain entities in managed accounts with respect to which it has voting and dispositive authority over the
 Common Stock reported in this Form 4.  Michael Zimmerman (&quot;Mr. Zimmerman&quot;) is responsible for the supervision and conduct of
 all investment activities of the Investment Manager, including, without limitation, for all investment decisions with
 respect to the assets of such investment funds and managed accounts.  The amount of securities beneficially owned following
 the reported transactions includes 3,000 shares of Common Stock held by The Michael &amp; Holly Zimmerman Family Foundation Inc.
 and 8,705 shares of Common Stock personally owned by Mr. Zimmerman.</footnote>
        <footnote id="F2">The Investment Manager does not directly own any shares of Common Stock.  Mr. Zimmerman personally owns 8,705 shares of
 Common Stock.  After the sale reported hereby, the Investment Manager may be deemed to beneficially own 3,326,814 shares of
 Common Stock held by the investment funds and managed accounts.  Mr. Zimmerman may be deemed to beneficially own 3,338,519
 shares of Common Stock held personally, by The Michael &amp; Holly Zimmerman Family Foundation Inc. and by the investment funds
 and managed accounts.  Each of the Reporting Persons disclaims any beneficial ownership of the shares of Common Stock
 included in this report to the extent such beneficial ownership exceeds such Reporting Person's pecuniary interest.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>PRENTICE CAPITAL MANAGEMENT, LP, By:  Michael Weiss as Chief Financial Officer</signatureName>
        <signatureDate>2006-05-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>jointfilerinfo.txt
<DESCRIPTION>JOINT FILER INFORMATION
<TEXT>
                             Joint Filer Information

NAME: Michael Zimmerman

ADDRESS:  623 Fifth Avenue, 32nd Floor
          New York, New York 10022

DESIGNATED FILER: Prentice Capital Management, LP

ISSUER: Gaiam, Inc.

DATE OF EVENT REQUIRING STATEMENT: November 22, 2005


SIGNATURE:

/s/ Michael Zimmerman
- ----------------------------------
     Michael Zimmerman

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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