GREIF, INC — Director's Dealing 2012

Jul 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREIF INC (GEF,GEF.B)
CIK: 0000043920
Period of Report: 2012-04-30

Reporting Person: GASSER MICHAEL J (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-04-30	Class A Common Stock	G	22600	$0.00	Disposed	0	Indirect
2012-04-30	Class A Common Stock	G	22600	$0.00	Acquired	163986	Direct
2012-07-05	Class A Common Stock	M	7795	$13.10	Acquired	171781	Direct
2012-07-05	Class A Common Stock	S	7795	$41.506	Disposed	163986	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-05	Class A Common Stock Options	$13.10	M	7795	Disposed	2012-09-05	Class A Common Stock (7795)	Direct

Footnotes

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

F2: There are zero shares remaining in the grantor retained annuity trust, of which Michael J. Gasser is the trustee.

F3: The reporting person is the trustee of a grantor retained annuity trust.

F4: The shares are being sold pursuant to a Rule 10b5-1 Sales Plan dated June 28, 2011, which is intended to comply with Rule 10b5-1.