-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, L9cy5j41lQFYDeRqNQa1zfoTzagzXH9/DlnagpW8bOzWQlMtXwHnwt+ooxUQoY9B xwFvYRuDW6TzZ3AG3LAVOQ== 0000906287-98-000041.txt : 19980218 0000906287-98-000041.hdr.sgml : 19980218 ACCESSION NUMBER: 0000906287-98-000041 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19980213 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN GREETINGS CORP CENTRAL INDEX KEY: 0000005133 STANDARD INDUSTRIAL CLASSIFICATION: GREETING CARDS [2771] IRS NUMBER: 340065325 STATE OF INCORPORATION: OH FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-09984 FILM NUMBER: 98539037 BUSINESS ADDRESS: STREET 1: 10500 AMERICAN RD CITY: CLEVELAND STATE: OH ZIP: 44144 BUSINESS PHONE: 2162527300 MAIL ADDRESS: STREET 1: 10500 AMERICAN ROAD CITY: CLEVELAND STATE: OH ZIP: 44144 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INVISTA CAPITAL MANAGEMENT INC/IA/ CENTRAL INDEX KEY: 0000769734 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 421238567 STATE OF INCORPORATION: IA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 699 WALNUT STREET 2: 1500 HUB TOWER CITY: DES MOINES STATE: IA ZIP: 50309 BUSINESS PHONE: 5152477801 MAIL ADDRESS: STREET 1: 699 WALNUT STREET 2: 1500 HUB TOWER CITY: DES MOINES STATE: IA ZIP: 50309 SC 13G/A 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 1)* American Greetings (Name of Issuer) Common Stock (Title and Class of Securities) 026375105 (CUSIP Number) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). SCHEDULE 13G CUSIP No.026375105 Page 2 of 4 1 NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Invista Capital Management, Inc. Principal Mutual Life Insurance Company 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Invista Capital Management, Inc. State of Iowa Principal Mutual Life Insurance Company State of Iowa NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER Invista Capital Management, Inc. 0 Principal Mutual Life Insurance Company 0 6 SHARED VOTING POWER Invista Capital Management, Inc. 4,205,090 Principal Mutual Life Insurance Company 4,384,690 7 SOLE DISPOSITIVE POWER Invista Capital Management, Inc. 0 Principal Mutual Life Insurance Company 0 8 SHARED DISPOSITIVE POWER Invista Capital Management, Inc. 4,211,690 Principal Mutual Life Insurance Company 4,390,690 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON Invista Capital Management, Inc. 4,211,690 Principal Mutual Life Insurance Company 4,390,690 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) Invista Capital Management, Inc. 5.7% Principal Mutual Life Insurance Company 6.0% 12 TYPE OF REPORTING PERSON* Invista Capital Management, Inc. IA Principal Mutual Life Insurance Company HC Schedule 13G ITEM 1(a) Name of Issuer: American Greetings ITEM 1(b)Address of Issuer's Principal Executive Offices: One American Road Cleveland, OH 44144-2398 ITEM 2(a) Name of Persons Filing: Invista Capital Management, Inc. Principal Mutual Life Insurance Co. ITEM 2(b) Address of Principal Business Office: Invista Capital Management, Inc. Principal Mutual Life Ins. Co. 699 Walnut 711 High Street 1800 Hub Tower Des Moines, IA 50392-0088 Des Moines, IA 50309 ITEM 2(c) Citizenship: Invista Capital Management, Inc. - State of Iowa Principal Mutual Life Insurance Co. - State of Iowa ITEM 2(d) Title of Class of Securities: Common Stock ITEM 2(e)CUSIP Number: 026375105 ITEM 3: This statement is filed pursuant to Rule 13d-1(b) by a person who is an investment advisor registered under Section 203 of the Investment Advisers Act of 1940, and a person who is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). ITEM 4: Ownership: (a) Amount Beneficially Owned: 4,211,690 Shares Common Stock presently held by Invista Cap. Mgmt 4,390,690 Shares Common Stock presently held by Principal Mutual (b)Percent of Class: 5.72% Invista Capital Management, Inc. 5.96% Principal Mutual Life Insurance Co. (c)Number of shares as to which such person has: (i)Sole power to vote or to direct the vote: 0 Invista Capital Management, Inc. 0 Principal Mutual Life Insurance Co. (ii)Shared power to vote or to direct the vote: 4,205,090 Shares Common Stock presently held by Invista Capital Management, Inc. 4,384,090 Shares Common Stock presently held by Principal Mutual Life Ins. Co. (iii) Sole power to dispose or to direct the disposition of: 0 Invista Capital Management, Inc. 0 Principal Mutual Life Ins. Co. (iv) Shared power to dispose or to direct the disposition of: 4,211,690 Shares Common Stock presently held by Invista Capital Management, Inc. 4,390,690 Shares Common Stock presently held by Principal Mutual Life Ins. Co. ITEM 5: Ownership of 5% or Less of Class: Not Applicable ITEM 6: Ownership of More than 5% on Behalf of Another Person: Persons other than the reporting persons have a right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of such securities. The interest of no such person having such an interest relates to more than five percent of the class. ITEM 7: Identification and Classification of the Subsidiary which Acquired the Security being Reported on by the Parent Holding Company: Previously filed. ITEM 8: Identification and Classification of Members of the Group: Not Applicable ITEM 9: Notice of Dissolution of Group: Not applicable ITEM 10: Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. INVISTA CAPITAL MANAGEMENT, INC. By /s/ Lisa M. Smith Lisa M. Smith, Financial & Compliance Officer PRINCIPAL MUTUAL LIFE INSURANCE COMPANY By: INVISTA CAPITAL MANAGEMENT, INC. By /s/ Lisa M. Smith Lisa M. Smith, Financial & Compliance Officer Dated this 13th day of February, 1998. -----END PRIVACY-ENHANCED MESSAGE-----