GREIF, INC - Director's Dealing 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2011-05-03

Reporting Person: GASSER MICHAEL J (Director, Chairman and CEO)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-03	Class A Common Stock	G	17400	$0.00	Disposed	22600	Indirect
2011-05-03	Class A Common Stock	G	17400	$0.00	Acquired	89162	Direct
2011-06-14	Class A Common Stock	M	70000	$15.295	Acquired	159162	Direct
2011-06-14	Class A Common Stock	S	19622	$66.53	Disposed	139540	Direct
2011-06-15	Class A Common Stock	S	29048	$64.33	Disposed	110492	Direct
2011-06-16	Class A Common Stock	M	7633	$13.10	Acquired	118125	Direct
2011-06-16	Class A Common Stock	M	7864	$12.715	Acquired	125989	Direct
2011-06-16	Class A Common Stock	M	4155	$24.065	Acquired	130144	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-14	Class A Common Stock Options	$15.295	M	70000	Disposed	2011-09-05	Class A Common Stock (70000)	Direct
2011-06-16	Class A Common Stock Options	$13.10	M	7633	Disposed	2012-09-05	Class A Common Stock (7633)	Direct
2011-06-16	Class A Common Stck Options	$12.715	M	7864	Disposed	2013-09-09	Class A Common Stock (7864)	Direct
2011-06-16	Class A Common Stock Options	$24.065	M	4155	Disposed	2014-12-06	Class A Common Stock (4155)	Direct

F1: Disposition between grantor retained annuity trust, of which Michael J. Gasser is the trustee, and Mr. Gasser.

F2: The Reporting Person is the trustee of a grantor retained annuity trust.