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
- 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.
- 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.
- Represents the number of shares withheld for the payment of taxes due upon vesting of restricted stock units.
- The shares were sold to American Greetings Corporation in accordance with its Amended and Restated Articles of Incorporation.
- 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.
- 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.
- These options became fully exercisable on March 3, 2006.