SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SCHAEFER E BONNIE

(Last) (First) (Middle)
C/O CLAIRE'S STORES, INC.
3 S.W. 129TH AVENUE

(Street)
PEMBROKE PINES FL 33027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CLAIRES STORES INC [ CLE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chairman and Co-CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/13/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.05 par value 12/13/2005 S 4,000 D $27.97 189,778 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 13,000 D $27.98 176,778 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 12,100 D $27.99 164,678 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 16,400 D $28 148,278 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 7,000 D $28.01 141,278 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 3,800 D $28.02 137,478 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 8,500 D $28.03 128,978 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 6,000 D $28.04 122,978 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 1,000 D $28.05 121,978 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 4,800 D $28.06 117,178 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 2,300 D $28.07 114,878 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 1,200 D $28.08 113,678 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 2,200 D $28.09 111,478 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 10,600 D $28.25 100,878 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 2,000 D $28.26 98,878 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 2,100 D $28.27 96,778 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 2,500 D $28.28 94,278 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 4,400 D $28.29 89,878 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 5,800 D $28.3 84,078 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 3,100 D $28.31 80,978 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 5,600 D $28.32 75,378 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 4,200 D $28.33 71,178 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 3,200 D $28.34 67,978 I By Dynasty Trusts
Common Stock, $.05 par value 12/13/2005 S 25,000 D $28.35 42,978 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 8,700 D $28.36 34,278 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 1,000 D $28.37 33,278 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 2,500 D $28.38 30,778 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 1,200 D $28.39 29,578 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 6,500 D $28.4 23,078 I By Dynasty Trusts(1)
Common Stock, $.05 par value 12/13/2005 S 7,400 D $28.41 15,678 I By Dynasty Trusts(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
SCHAEFER E BONNIE

(Last) (First) (Middle)
C/O CLAIRE'S STORES, INC.
3 S.W. 129TH AVENUE

(Street)
PEMBROKE PINES FL 33027

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chairman and Co-CEO
1. Name and Address of Reporting Person*
SCHAEFER MARLA L

(Last) (First) (Middle)
C/O CLAIRE'S STORES, INC.
3 S.W. 129TH AVENUE

(Street)
PEMBROKE PINES FL 33027

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director 10% Owner
X Officer (give title below) Other (specify below)
Co-Chairman and Co-CEO
Explanation of Responses:
1. The Reporting Person is a co-trustee of the trusts. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of the Reporting Person's pecuniary interest in these shares.
Remarks:
This is Form 2 of 3.
/s/ E. Bonnie Schaefer 12/14/2005
Marla L. Schaefer 12/14/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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