4//SEC Filing
Cardinale Gerald J. 4
Accession 0000769993-12-000077
CIK 0000050725other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 5:21 PM ET
Size
6.9 KB
Accession
0000769993-12-000077
Insider Transaction Report
Form 4
GRIFFON CORPGFF
Cardinale Gerald J.
Director
Transactions
- Award
Common Stock
2012-01-31+5,000→ 10,013,754 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 January 31, 2012, in the aggregate, 5,000 shares of common stock, par value $0.25 per share (the "Common Stock") of Griffon Corporation (the "Company") were granted as 2,500 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 2011 Equity Incentive Plan (the "Plan"). Each grant of 2,500 shares vests one third on each of the next three anniversaries of the grant date, which was January 31, 2012.
- [F3]GS Group may be deemed to beneficially own, in the aggregate, 13,754 shares of Common Stock, consisting of 5,000 shares of common stock granted to each of the Reporting Person and Bradley J. Gross (each a "Director") pursuant to the Plan and 1,877 shares of Common Stock granted to each Director pursuant to the Outside Director Stock Award Plan. 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. Goldman Sachs and GS Direct are wholly-owned subsidiaries of GS Group. Goldman Sachs is the manager of GS Direct. GS Group, Goldman Sachs and GS Direct each disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any. Goldman Sachs has net open short positions of 310,572 shares of Common Stock. The decrease in Goldman Sachs' net open short position is the result of a change of its information barriers as a result of an internal reorganization.
Documents
Issuer
GRIFFON CORP
CIK 0000050725
Entity typeother
Related Parties
1- filerCIK 0001447258
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 5:21 PM ET
- Size
- 6.9 KB