Home > Insider Trading > Filing (0001209191-11-010895)

Filing Details

Accession Number:: 0001209191-11-010895
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-02-18 11:43:55
Reporting Period:: 2011-02-17

Filing Date:: 2011-02-18
Accepted Time:: 2011-02-18 11:43:55
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	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

Show Other Fields >>

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	2011-02-17	53,900	$1.23	4,860,226	No	4	P	Indirect	By Kojaian Holdings LLC
Common Stock, Par Value $0.01	Acquisiton	2011-02-17	12,800	$1.24	4,873,026	No	4	P	Indirect	By Kojaian Holdings LLC
Common Stock, Par Value $0.01	Acquisiton	2011-02-17	47,881	$1.25	4,920,907	No	4	P	Indirect	By Kojaian Holdings LLC
Common Stock, Par Value $0.01	Acquisiton	2011-02-17	10,419	$1.26	4,931,326	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	126,283	Direct

Reported Derivative Holdings

Show Other Fields >>

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 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.
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.
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.