MCLAUGHLIN ROBERT J 4
4 · GRUBB & ELLIS CO · Filed Dec 21, 2009
Insider Transaction Report
Form 4
MCLAUGHLIN ROBERT J
Director
Transactions
- Award
Common Stock, par value $0.01
2009-12-17+45,113→ 137,354 total
Holdings
- 65,560(indirect: By Trust)
Common Stock, par value $0.01
Footnotes (4)
- [F1]Represents 45,113 restricted shares of Grubb & Ellis Company's (the "Company") common stock that were awarded to Mr. McLaughlin pursuant to the Company's 2006 Omnibus Equity Plan and which vest in equal 33 1/3 portions on each of the first, second, and third anniversaries of the grant date (December 17, 2009).
- [F2]On December 17, 2009, the date of the grant of restricted shares awarded to Mr. McLaughlin, the closing price for the Company's common stock was $1.33.
- [F3]Beneficially owned shares include 20,000 restricted shares of the Company's common stock that were awarded to Mr. McLaughlin pursuant to the Company's 2006 Omnibus Equity Plan and which vest in equal 33 1/3 portions on each of the first, second, and third anniversaries of the grant date (December 10, 2008). Beneficially owned shares also include 8,996 restricted shares of the Company's common stock that were awarded to Mr. McLaughlin pursuant to the Company's 2006 Omnibus Equity Plan and which vest in equal 33 1/3 portions on each of the first, second, and third anniversaries of the grant date (December 10, 2007).
- [F4]Represents shares of common stock held in Louise H. McLaughlin Trust and Robert J. & Katherine H. McLaughlin Trust. Also represents shares of common stock held in Katherine McLaughlin's IRA of which Robert McLaughlin disclaims beneficial ownership.