Filing Details

Accession Number:
0001209191-11-026417
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-05-05 18:00:17
Reporting Period:
2011-05-03
Filing Date:
2011-05-05
Accepted Time:
2011-05-05 17:00:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
5133 American Greetings Corp AM Greeting Cards (2771) 340065325
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1223163 Zev Weiss One American Road
Cleveland OH 44144
Chief Executive Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Shares Acquisiton 2011-05-03 33,334 $13.15 33,334 No 4 M Direct
Class A Common Shares Disposition 2011-05-03 33,334 $23.92 0 No 4 S Direct
Class B Common Shares Acquisiton 2011-05-03 28,750 $0.00 104,375 No 4 A Direct
Class B Common Shares Disposition 2011-05-03 2,212 $23.72 102,163 No 4 F Direct
Class B Common Shares Disposition 2011-05-03 2,997 $23.72 99,166 No 4 D Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 A Direct
No 4 F Direct
No 4 D Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Shares Stock Option Disposition 2011-05-03 33,334 $0.00 33,334 $13.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-03-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Shares 84,330 Indirect By Deferred Comp.
Class B Common Shares 445,454 Indirect By LLC
Footnotes
  1. The price reported in Column 4 is a weighted average price for shares sold on May 3, 2011, with prices ranging from $23.70 to $24.32, inclusive. The reporting person undertakes to provide to American Greetings Corporation, any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  2. Represents restricted stock units granted to the reporting person on May 3, 2011. The restricted stock units will vest and shares will be issued with respect to 9,584 shares on the first anniversary date of grant, and with respect to 9,583 shares on the second and third anniversary dates of grant, based on the continued employment of the reporting person.
  3. Represents the number of shares withheld for the payment of taxes due upon vesting of restricted stock units.
  4. The shares were sold to American Greetings Corporation in accordance with its Amended and Restated Articles of Incorporation.
  5. Represents the number of shares allocated to the account of the reporting person under the Corporation's Executive Officers Deferred Compensation Plan, including dividend equivalents credited with respect to any dividends paid on the issuer's common shares.
  6. On August 11, 2006, the Reporting Person acquired membership interests in the Irving I. Stone Limited Liability Company (the "LLC") representing 24.5% of the equity in the LLC. As a result of such acquisition, the Reporting Person may be deemed to have an indirect beneficial ownership interest in 445,454 of the 1,818,182 Class B common shares owned by the LLC.
  7. These options became fully exercisable on March 3, 2006.