KOJAIAN C MICHAEL 4

Accession 0001209191-11-010895

CIK 0000216039other

View on SEC.gov Company Profile

Filed

Feb 17, 7:00 PM ET

Accepted

Feb 18, 11:43 AM ET

Size

18.3 KB

Accession

0001209191-11-010895

Insider Transaction Report

Form 4

Period: 2011-02-17

GRUBB & ELLIS COGBE

KOJAIAN C MICHAEL

Director10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2011-02-17$1.25/sh+47,881$59,851→ 4,920,907 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.23/sh+53,900$66,297→ 4,860,226 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.26/sh+10,419$13,128→ 4,931,326 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.24/sh+12,800$15,872→ 4,873,026 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
(indirect: By Kojaian Ventures, L.L.C.)
11,700,000
Common Stock, par value $0.01
126,283
Convertible Preferred Stock, par value $0.01
(indirect: By Kojaian Management Corporation)
→ Common Stock, par value $0.01
100,000

KOJAIAN VENTURES MM INC

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2011-02-17$1.24/sh+12,800$15,872→ 4,873,026 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.25/sh+47,881$59,851→ 4,920,907 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.26/sh+10,419$13,128→ 4,931,326 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.23/sh+53,900$66,297→ 4,860,226 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
126,283
Convertible Preferred Stock, par value $0.01
(indirect: By Kojaian Management Corporation)
→ Common Stock, par value $0.01
100,000
Common Stock, par value $0.01
(indirect: By Kojaian Ventures, L.L.C.)
11,700,000

KOJAIAN VENTURES LLC

10% Owner

Transactions

Purchase
Common Stock, par value $0.01
2011-02-17$1.23/sh+53,900$66,297→ 4,860,226 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.24/sh+12,800$15,872→ 4,873,026 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.25/sh+47,881$59,851→ 4,920,907 total(indirect: By LLC)
Purchase
Common Stock, par value $0.01
2011-02-17$1.26/sh+10,419$13,128→ 4,931,326 total(indirect: By LLC)

Holdings

Common Stock, par value $0.01
(indirect: By Kojaian Ventures, L.L.C.)
11,700,000
Common Stock, par value $0.01
126,283
Convertible Preferred Stock, par value $0.01
(indirect: By Kojaian Management Corporation)
→ Common Stock, par value $0.01
100,000

Footnotes (8)

[F1]These shares are owned directly by Kojaian Holdings LLC and indirectly by Kojaian Managagement Corporation, the sole member of Kojaian Holdings LLC, C. Michael Kojaian, 50% shareholder of Kojaian Management Corporation, and Mike Kojaian, 50% shareholder of Kojaian Management Corporation.
[F2]These shares are owned directly by Kojaian Ventures, L.L.C. and indirectly by Kojaian Ventures-MM, Inc., the managing member of Kojaian Ventures, L.L.C., and C. Michael Kojaian, the sole shareholder of Kojaian Ventures-MM, Inc. and member (along with Kojaian Ventures-MM, Inc.) of Kojaian Ventures, L.L.C.
[F3]Beneficially owned shares include 52,174 shares of common stock of Grubb & Ellis Company (the "Company") that were granted to Mr. Kojaian on December 10, 2010 pursuant to the Company's 2006 Omnibus Equity Plan. Beneficially owned shares also include 45,113 restricted shares of the Company's common stock that were granted to Mr. Kojaian on December 17, 2009 pursuant to the Company's 2006 Omnibus Equity Plan and which fully vested as of March 10, 2010.
[F4]Beneficially owned shares also include 20,000 restricted shares of the Company's common stock that were granted to Mr. Kojaian 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. Kojaian on December 10, 2007 pursuant to the Company's 2006 Omnibus Equity Plan and which fully vested as of December 10, 2010.
[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. Kojaian's option and has no expiration date.
[F8]These shares are owned directly by Kojaian Management Corporation and indirectly by C. Michael Kojaian, 50% shareholder of Kojaian Management Corporation, and Mike Kojaian, 50% shareholder of Kojaian Management Corporation.

Documents

1 file

4
c12921_4x0.xmlPrimary
MAIN DOCUMENT DESCRIPTION

Issuer

GRUBB & ELLIS CO

CIK 0000216039

→

Entity typeother

Related Parties

filerCIK 0001029460

Filing Metadata

Form type: 4
Filed: Feb 17, 7:00 PM ET
Accepted: Feb 18, 11:43 AM ET
Size: 18.3 KB

View on SEC.gov