X0202 4 2006-05-15 0 0000005133 AMERICAN GREETINGS CORP AM 0001111142 COWEN SCOTT S 7=6823 ST CHARLES AVE NEW ORLEANS LA 70118 1 0 0 0 Non-Qualified Stock Option (right to buy) 22.65 2006-05-15 4 A 0 6000 0 A 2016-05-15 Class A Common Stock 6000 6000 D Fifty percent of these options are exercisable on the first anniversary following May 15, 2006, the date of grant, and the remaining fifty percent are exercisable on the second anniversary following the date of grant. By: Catherine M. Kilbane, Power of Attorney For: Scott S. Cowen 2006-05-17