Filing Details
- Accession Number:
- 0001209191-10-055624
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-11-17 21:00:48
- Reporting Period:
- 2010-11-16
- Filing Date:
- 2010-11-17
- Accepted Time:
- 2010-11-17 21:00:48
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
216039 | Grubb & Ellis Co | GBE | Real Estate Agents & Managers (For Others) (6531) | 941424307 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1029460 | Michael C Kojaian | C/O Grubb &Amp; Ellis Company 1551 N. Tustin Ave. Suite #300 Santa Ana CA 92705 | Yes | No | Yes | No | |
1180834 | Kojaian Ventures Mm Inc | 39400 Woodward Ave., Suite 250 Bloomfield Hills MI 48304 | No | No | Yes | No | |
1180835 | Kojaian Ventures Llc | 39400 Woodward Ave., Suite 250 Bloomfield Hills MI 48304 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 | Acquisiton | 2010-11-16 | 8,900 | $1.07 | 4,660,226 | No | 4 | P | Indirect | By Kojaian Holdings LLC |
Common Stock, Par Value $0.01 | Acquisiton | 2010-11-16 | 4,900 | $1.08 | 4,665,126 | No | 4 | P | Indirect | By Kojaian Holdings LLC |
Common Stock, Par Value $0.01 | Acquisiton | 2010-11-16 | 5,674 | $1.09 | 4,670,800 | No | 4 | P | Indirect | By Kojaian Holdings LLC |
Common Stock, Par Value $0.01 | Acquisiton | 2010-11-16 | 15,526 | $1.10 | 4,686,326 | No | 4 | P | Indirect | By Kojaian Holdings LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Kojaian Holdings LLC |
No | 4 | P | Indirect | By Kojaian Holdings LLC |
No | 4 | P | Indirect | By Kojaian Holdings LLC |
No | 4 | P | Indirect | By Kojaian Holdings LLC |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock, Par Value $0.01 | 11,700,000 | Indirect | By Kojaian Ventures, L.L.C. |
Common Stock, Par Value $0.01 | 74,109 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock, Par Value $0.01 | Convertible Preferred Stock, par value $0.01 | $0.00 | 0 | 100,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
0 | 100,000 | Indirect |
Footnotes
- 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.
- 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.
- Beneficially owned shares include 45,113 restricted shares of common stock of Grubb & Ellis Company (the "Company") that were granted to Mr. Kojaian 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.
- 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 vest in equal 33 1/3 portions on each of the first, second, and third anniversaries of the grant date.
- The full title of the deriviative security is 12% Cumulative Participating Perpetual Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock").
- 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.
- 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.
- 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.