GREIF, INC — Director's Dealing 2010

Dec 20, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2010-12-16

Reporting Person: AVRIL VICKI L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-16	Phantom Stock Units (Cash Only Rights)	$61.92	A	12.11	Acquired	1988-08-08	Class A Common Stock (12.11)	Direct

Footnotes

F1: The units are to be settled in cash upon the reporting person's retirement from the Board.