4//SEC Filing
YOUNG RODGER D 4
Accession 0001209191-09-058051
CIK 0000216039other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 11:22 AM ET
Size
9.1 KB
Accession
0001209191-09-058051
Insider Transaction Report
Form 4
YOUNG RODGER D
Director
Transactions
- Award
Common Stock, par value $0.01
2009-12-17+45,113→ 106,354 total
Holdings
- 10,000
Stock Option (right to buy)
Exercise: $2.00Exp: 2013-04-01→ Common Stock, par value $0.01 (10,000 underlying) - 500
Convertible Preferred Stock, par value $0.01
→ Common Stock, par value $0.01
Footnotes (7)
- [F1]Represents 45,113 restricted shares of Grubb & Ellis Company's (the "Company") common stock that were awarded to Mr. Young 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. Young, 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. Young 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. Young 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]The full title of the deriviative security is 12% Cumulative Participating Perpetual Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock").
- [F5]Each share of Preferred Stock is convertible into 60.606 shares of the Company's common stock, which represents a conversion price of approximately $1.65 per share.
- [F6]The Preferred Stock is convertible, in whole or in part, into common stock at any time at Mr. Young's option and has no expiration date.
- [F7]The option has become fully exercisable as of April 1, 2006.
Documents
Issuer
GRUBB & ELLIS CO
CIK 0000216039
Entity typeother
Related Parties
1- filerCIK 0001232785
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 11:22 AM ET
- Size
- 9.1 KB