4//SEC Filing
YOUNG RODGER D 4
Accession 0001209191-10-060455
CIK 0000216039other
Filed
Dec 13, 7:00 PM ET
Accepted
Dec 14, 9:30 PM ET
Size
9.5 KB
Accession
0001209191-10-060455
Insider Transaction Report
Form 4
YOUNG RODGER D
Director
Transactions
- Award
Common Stock, par value $0.01
2010-12-10+52,174→ 158,528 total
Holdings
- 500
Convertible Preferred Stock, par value $0.01
→ Common Stock, par value $0.01 - 10,000
Stock Option (right to buy)
Exercise: $2.00Exp: 2013-04-01→ Common Stock, par value $0.01 (10,000 underlying)
Footnotes (8)
- [F1]Represents 52,174 restricted shares of common stock of Grubb & Ellis Company (the "Company") that were granted to Mr. Young 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. Young, 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. Young 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. Young 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. Young 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.
- [F5]The full title of the deriviative security is 12% Cumulative Participating Perpetual Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock").
- [F6]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.
- [F7]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.
- [F8]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 13, 7:00 PM ET
- Accepted
- Dec 14, 9:30 PM ET
- Size
- 9.5 KB