Wallace D Fleet 4
4 · GRUBB & ELLIS CO · Filed Dec 14, 2010
Insider Transaction Report
Form 4
Wallace D Fleet
Director
Transactions
- Award
Common Stock, par value $0.01
2010-12-10+52,174→ 146,083 total
Footnotes (4)
- [F1]Represents 52,174 restricted shares of common stock of Grubb & Ellis Company (the "Company") that were granted to Mr. Wallace on December 10, 2010 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.
- [F2]On December 10, 2010, the date of the grant of restricted shares awarded to Mr. Wallace, the closing price for the Company's common stock was $1.15.
- [F3]Beneficially owned shares include 45,113 restricted shares of the Company's common stock that were granted to Mr. Wallace on December 17, 2009 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.
- [F4]Beneficially owned shares also include 20,000 restricted shares of the Company's common stock that were granted to Mr. Wallace on December 10, 2008 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. Beneficially owned shares also include 8,996 restricted shares of the Company's common stock that were granted to Mr. Wallace on December 10, 2007 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.