4//SEC Filing
Engel Matthew A 4
Accession 0001209191-11-060177
CIK 0000216039other
Filed
Dec 6, 7:00 PM ET
Accepted
Dec 7, 9:06 PM ET
Size
8.5 KB
Accession
0001209191-11-060177
Insider Transaction Report
Form 4
Engel Matthew A
Interim CFO
Transactions
- Tax Payment
Common Stock, par value $0.01
2011-12-05$0.22/sh−1,834$403→ 40,289 total
Holdings
- 1,000
Convertible Preferred Stock, par value $0.01
→ Common Stock, par value $0.01
Footnotes (8)
- [F1]Represents 1,834 restricted shares of common stock of Grubb & Ellis Company (the "Company") that were withheld upon vesting to satisfy Mr. Engel's tax withholding obligation in connection with the vesting of a total of 5,000 restricted shares of the Company's common stock that were previously awarded to Mr. Engel.
- [F2]On December 2, 2011, the effective date for determination of the tax withholding requirements related to Mr. Engel's vested restricted shares of the Company's common stock, the closing price for the Company's common stock was $0.22.
- [F3]Beneficially owned shares include 10,000 restricted shares of the Company's common stock that were granted to Mr. Engel on February 4, 2009 pursuant to the Company's 2006 Omnibus Equity Plan and all such shares will vest on the fourth anniversary of the grant date.
- [F4]Beneficially owned shares also include (i) 9,416 shares of the Company's common stock, with 3,166 of such shares representing the balance of the 5,000 restricted shares that vested on December 5, 2011 minus the 1,834 shares that were withheld to satisfy Mr. Engel's tax withholding obligation and (ii) 5,000 restricted shares of the Company's common stock that were granted to Mr. Engel on December 3, 2008 pursuant to the Company's 2006 Omnibus Equity Plan and which will vest on the fourth anniversary of the grant date.
- [F5]Beneficially owned shares also include 15,873 shares of the Company's phantom stock that were granted to Mr. Engel on December 3, 2008 pursuant to the Company's Deferred Compensation Plan and all such shares will vest on the fourth anniversary of the grant date.
- [F6]The full title of the deriviative security is 12% Cumulative Participating Perpetual Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock").
- [F7]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.
- [F8]The Preferred Stock is convertible, in whole or in part, into common stock at any time at Mr. Engel's option and has no expiration date.
Documents
Issuer
GRUBB & ELLIS CO
CIK 0000216039
Entity typeother
Related Parties
1- filerCIK 0001491166
Filing Metadata
- Form type
- 4
- Filed
- Dec 6, 7:00 PM ET
- Accepted
- Dec 7, 9:06 PM ET
- Size
- 8.5 KB