X0304 4 2011-10-04 0001042809 A.C. Moore Arts & Crafts, Inc. ACMR 0001137521 GLENHILL ADVISORS LLC 156 WEST 56TH STREET 17TH FLOOR NEW YORK NY 10019 0 0 1 0 0001159120 KREVLIN GLENN J 156 WEST 56TH STREET 17TH FLOOR NEW YORK NY 10019 0 0 1 0 0001137522 GLENHILL CAPITAL MANAGEMENT LLC 156 WEST 56TH STREET 17TH FLOOR NEW YORK NY 10019 0 0 1 0 0001300986 Glenhill Capital Overseas Master Fund, L.P. 156 WEST 56TH STREET 17TH FLOOR NEW YORK NY 10019 0 0 1 0 Common Stock 2011-10-04 4 S 0 1000000 1.55 D 4000000 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 Overseas Master Fund, LP and Glenhill Concentrated Long Master Fund LLC, which collectively own the reported securities. With respect to Glenhill Capital Overseas Master Fund, LP, investment management discretion has been delegated to Glenhill Capital Advisors, LLC, the managing member of which is Krevlin Management, Inc., the sole shareholder of which is Glenn J. Krevlin. The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest therein. Of the securities reported in this Form 4, Glenhill Concentrated Long Master Fund LLC sold 57,534 securities and Glenhill Capital Overseas Master Fund, LP sold 942,466 securities. /s/ Glenn J. Krevlin 2011-10-06 /s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC 2011-10-06 /s/ Glenn J. Krevlin, Managing Member, Glenhill Advisors, LLC, Managing Member, Glenhill Capital Management, LLC 2011-10-06 /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 2011-10-06