Home/Filings/4/0000769993-09-000274
4//SEC Filing

Cardinale Gerald J. 4

Accession 0000769993-09-000274

CIK 0000050725other

Filed

Feb 5, 7:00 PM ET

Accepted

Feb 6, 8:05 PM ET

Size

7.0 KB

Accession

0000769993-09-000274

Insider Transaction Report

Form 4
Period: 2009-02-04
Transactions
  • Award

    Common Stock

    2009-02-04+2,12210,002,122 total(indirect: See footnotes)
Footnotes (4)
  • [F1]The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
  • [F2]On February 4, 2009, 2,122 shares of common stock, par value $0.25 per share (the "Common Stock") of Griffon Corporation (the "Company") were granted as 1,061 shares of Common Stock to each of the Reporting Person and Bradley J. Gross, a managing director of Goldman Sachs, in their capacity as directors of the Company pursuant to the Company's Outside Director Stock Award Plan (the "Plan"). Each grant of 1,061 shares vests one third on each of the next three anniversaries of the grant date, which was February 4, 2009.
  • [F3]GS Group may be deemed to beneficially own 2,122 shares of Common Stock pursuant to the Plan, consisting of 1,061 shares of Common Stock granted to each of the Reporting Person and Bradley J. Gross. The Reporting Person and Bradley J. Gross each has an understanding with GS Group pursuant to which he holds such securities for the benefit of GS Group.
  • [F4]GS Group and Goldman Sachs may be deemed to beneficially own indirectly, in the aggregate, 10,000,000 shares of the Company's Common Stock beneficially owned directly by GS Direct, L.L.C. ("GS Direct"). GS Direct is a wholly-owned subsidiary of GS Group. Goldman Sachs is the manager of GS Direct. GS Group, Goldman Sachs and GS Direct each disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein. Goldman Sachs has net open short positions of 312,989 shares of Common Stock.

Issuer

GRIFFON CORP

CIK 0000050725

Entity typeother

Related Parties

1
  • filerCIK 0001447258

Filing Metadata

Form type
4
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 8:05 PM ET
Size
7.0 KB