GREIF, INC — Director's Dealing 2011

Jan 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2011-01-06

Reporting Person: FINN JOHN F (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-06	Phantom Stock Units (Cash Only Rights)	$62.13	A	24.14	Acquired	1988-08-08	Class A Common Stock (24.14)	Direct

Footnotes

F1: The units are to be settled in cash upon the reporting person's termination from the Board due to his retirement, death, disability or any other reason.