CBRE GROUP, INC. — Director's Dealing 2011

Mar 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CB RICHARD ELLIS GROUP INC (CBG)
CIK: 0001138118
Period of Report: 2011-02-28

Reporting Person: WHITE W BRETT (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-28	Class A Common Stock	M	40000.0000	$1.9233	Acquired	535635.0000	Direct
2011-02-28	Class A Common Stock	M	10770.0000	$1.9233	Acquired	546405.0000	Direct
2011-02-28	Class A Common Stock	S	50770.0000	$24.8614	Disposed	495635.0000	Direct
2011-02-28	Class A Common Stock	S	123611.0000	$24.7841	Disposed	458429.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-28	Stock Option (Right to Buy)	$1.9233	M	10770.0000	Disposed	2011-07-20	Class A Common Stock (10770.0000)	Direct
2011-02-28	Stock Option (Right to Buy)	$1.9233	M	40000.0000	Disposed	2013-09-16	Class A Common Stock (40000.0000)	Direct

Footnotes

F1: This transaction was executed in multiple trades ranging from $24.81 to $24.93. The price reported above reflects the weighted average sale price. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price within the range.

F2: This transaction was executed in multiple trades ranging from $24.75 to $24.90. The price reported above reflects the weighted average sale price.

F3: This option vested and became exercisable at a rate of 20% per year over five (5) years commencing on July 20, 2001.

F4: This option vested and became exercisable at a rate of 20% per year over five (5) years commencing on September 16, 2003.