GREIF, INC — Director's Dealing 2011

Dec 9, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2011-12-06

Reporting Person: WATSON PETER G (VP-Div Pres Paper Packaging)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Commom Stock	6166	Direct
Class B Common Stock	0	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class A Common Stock Options (Right to Buy)	$12.715	2013-09-09	Class A Common Stock (3000)		Direct
Class A Common Stock Options (Right to Buy)	$24.065	2014-12-06	Class A Common Stock (2000)		Direct

Footnotes

F1: The Reporting Person does not own any Greif Class B Common Stock.