X0203 3 2009-05-27 0 0001042809 A.C. Moore Arts & Crafts, Inc. ACMR 0001137521 GLENHILL ADVISORS LLC 598 MADISON AVENUE 12TH FLOOR NEW YORK NY 10022 0 0 1 0 0001159120 KREVLIN GLENN J 598 MADISON AVENUE 12TH FLOOR NEW YORK NY 10022 0 0 1 0 0001137522 GLENHILL CAPITAL MANAGEMENT LLC 598 MADISON AVENUE 12TH FLOOR NEW YORK NY 10022 0 0 1 0 0001137373 GLENHILL CAPITAL LP 598 MADISON AVENUE 12TH FLOOR NEW YORK NY 10022 0 0 1 0 0001300986 Glenhill Capital Overseas Master Fund, L.P. 598 MADISON AVENUE 12TH FLOOR NEW YORK NY 10022 0 0 1 0 Common Stock 6000000 I See Footnote Reporting person, Glenn J. Krevlin, is the managing member of Glenhill Advisors, LLC, a limited liability company that is managing member of Glenhill Capital Management LLC, which has investment control and owns a minority interest in various private investment funds, including Glenhill Capital LP, Glenhill Capital Overseas Master Fund, LP and Glenhill Concentrated Long Master Fund LLC, which collectively own the reported securities. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein. Glenhill Capital LP beneficially owns 2,922,329, Glenhill Capital Overseas Master Fund, LP beneficially owns 2,757,559 and Glenhill Concentrated Long Master Fund LLC beneficially owns 320,112 of the securities reported in this Form 3. Glenhill Capital LP and Glenhill Capital Overseas Master Fund LP own their securities through Glenhill Special Opportunities Master Fund LLC, a wholly owned subsidiary of the two funds. /s/ Glenn J. Krevlin 2009-06-08 /s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC 2009-06-08 /s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC, Managing Member, Glenhill Capital Management, LLC 2009-06-08 /s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC, Managing Member, Glenhill Capital Managment, LLC, General Partner, Glenhill Capital LP 2009-06-08 /s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC, Managing Member, Glenhill Capital Management, LLC, Sole Shareholder, Glenhill Capital Overseas GP, Ltd., General Partner, Glenhill Capital Overseas Master Fund LP 2009-06-08