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 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 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
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
  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. The full title of the deriviative security is 12% Cumulative Participating Perpetual Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock").
  6. 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.
  7. 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.
  8. 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.