GREIF, INC — Director's Dealing 2010

Sep 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2010-09-08

Reporting Person: GUNSETT DANIEL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-09-08	Class A Common Stock	M	4000	$16.975	Acquired	9643	Direct
2010-09-08	Class A Common Stock	S	4000	$58.142	Disposed	5643	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-09-08	Class A Common Stock Options	$16.975	M	4000	Disposed	2012-02-25	Class A Common Stock (4000)	Direct

Footnotes

F1: 4,839 shares are subject to restriction on transfer.