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VAN BERKEL JACOB 4

Accession 0001209191-09-007147

CIK 0000216039other

Filed

Feb 5, 7:00 PM ET

Accepted

Feb 6, 2:03 PM ET

Size

7.1 KB

Accession

0001209191-09-007147

Insider Transaction Report

Form 4
Period: 2009-02-04
VAN BERKEL JACOB
EVP, HR and Operations
Transactions
  • Disposition to Issuer

    Common Stock, par value $0.01

    2009-02-04130,000217,600 total
Footnotes (4)
  • [F1]Represents the disposition of 130,000 restricted shares of Grubb & Ellis Company Common Stock by Mr. Van Berkel to Grubb & Ellis Company, which will be reallocated to other employees of Grubb & Ellis Company. The restricted shares were previously awarded to Mr. Van Berkel pursuant to the Grubb & Ellis Company 2006 Omnibus Equity Plan on December 3, 2008.
  • [F2]On February 4, 2009, the date of the disposition of the 130,000 restricted shares by Mr. Van Berkel to Grubb & Ellis Company, the closing price for Grubb & Ellis Company Common Stock was $.91.
  • [F3]Includes 120,000 restricted shares of Grubb & Ellis Company Common Stock awarded to Mr. Van Berkel pursuant to the Grubb & Ellis Company 2006 Omnibus Equity Plan which will vest in equal thirty-three and one-third (33 1/3%) installments on each first business day after the first, second and third anniversaries of the grant date (December 3, 2008) and are subject to acceleration under certain conditions. Also includes 80,000 restricted shares of Grubb & Ellis Company Common Stock awarded to Mr. Van Berkel pursuant to the Grubb & Ellis Company 2006 Omnibus Equity Plan which will vest in equal thirty-three and one-third percent (33 1/3%) installments on each first business day after the first, second and third anniversaries of the grant date (January 24, 2008).
  • [F4]Beneficially owned shares also include 17,600 restricted shares of Grubb & Ellis Company Common Stock recieved by Mr. Van Berkel in exchange for 20,000 shares of restricted NNN Realty Advisors, Inc. ("NNN") common stock in connection with the merger of NNN into Grubb & Ellis Company. The 17,600 restricted shares will vest in equal thirty-three and one-third percent (33 1/3%) installments on each first business day after the first, second and third anniversaries of the grant date (December 4, 2007).

Issuer

GRUBB & ELLIS CO

CIK 0000216039

Entity typeother

Related Parties

1
  • filerCIK 0001421694

Filing Metadata

Form type
4
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 2:03 PM ET
Size
7.1 KB