4//SEC Filing
KOJAIAN C MICHAEL 4
Accession 0001209191-11-012180
CIK 0000216039other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 7:29 PM ET
Size
15.2 KB
Accession
0001209191-11-012180
Insider Transaction Report
Form 4
KOJAIAN C MICHAEL
Director10% Owner
Transactions
- Purchase
Common Stock, par value $0.01
2011-02-22$1.18/sh+13,500$15,930→ 4,971,326 total(indirect: By LLC) - Purchase
Common Stock, par value $0.01
2011-02-22$1.17/sh+1,500$1,755→ 4,957,826 total(indirect: By LLC)
Holdings
- 126,283
Common Stock, par value $0.01
- 11,700,000(indirect: By Kojaian Ventures, L.L.C.)
Common Stock, par value $0.01
- 100,000(indirect: By Kojaian Management Corporation)
Convertible Preferred Stock, par value $0.01
→ Common Stock, par value $0.01
KOJAIAN VENTURES MM INC
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01
2011-02-22$1.18/sh+13,500$15,930→ 4,971,326 total(indirect: By LLC) - Purchase
Common Stock, par value $0.01
2011-02-22$1.17/sh+1,500$1,755→ 4,957,826 total(indirect: By LLC)
Holdings
- 100,000(indirect: By Kojaian Management Corporation)
Convertible Preferred Stock, par value $0.01
→ Common Stock, par value $0.01 - 126,283
Common Stock, par value $0.01
- 11,700,000(indirect: By Kojaian Ventures, L.L.C.)
Common Stock, par value $0.01
KOJAIAN VENTURES LLC
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01
2011-02-22$1.18/sh+13,500$15,930→ 4,971,326 total(indirect: By LLC) - Purchase
Common Stock, par value $0.01
2011-02-22$1.17/sh+1,500$1,755→ 4,957,826 total(indirect: By LLC)
Holdings
- 100,000(indirect: By Kojaian Management Corporation)
Convertible Preferred Stock, par value $0.01
→ Common Stock, par value $0.01 - 126,283
Common Stock, par value $0.01
- 11,700,000(indirect: By Kojaian Ventures, L.L.C.)
Common Stock, par value $0.01
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
Issuer
GRUBB & ELLIS CO
CIK 0000216039
Entity typeother
Related Parties
1- filerCIK 0001029460
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 7:29 PM ET
- Size
- 15.2 KB