Taylor Dylan 4
4 · GRUBB & ELLIS CO · Filed Feb 6, 2009
Insider Transaction Report
Form 4
Taylor Dylan
Pres., Global Client Services
Transactions
- Award
Common Stock, par value $0.01
2009-02-04+50,000→ 250,000 total
Footnotes (3)
- [F1]Represents 50,000 restricted shares of Grubb & Ellis Company Common Stock awarded to Mr. Taylor 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 (February 4, 2009) and are subject to acceleration under certain conditions.
- [F2]On February 4, 2009, the date of the grant of the 50,000 restricted shares to Mr. Taylor, the closing price for Grubb & Ellis Common Stock was $.91.
- [F3]Includes 100,000 restricted shares of Grubb & Ellis Company's Common Stock that were awarded to Mr. Taylor 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 (December 3, 2008) and are subject to accleration under certain conditions. Also includes 40,000 restricted shares of Grubb & Ellis Company's Common Stock that were awarded to Mr. Taylor 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).