SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Charlton John SN

(Last) (First) (Middle)
C/O AMERICAN GREETINGS CORPORATION
ONE AMERICAN ROAD

(Street)
CLEVELAND OH 44144

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2006
3. Issuer Name and Ticker or Trading Symbol
AMERICAN GREETINGS CORP [ AM ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr. Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) (1) 05/03/2014 Class A Common Stock 12,100 $20.51 D
Non-Qualified Stock Option (right to buy) (2) 03/01/2009 Class A Common Stock 8,750 $23.56 D
Non-Qualified Stock Option (right to buy) (3) 05/16/2015 Class A Common Stock 22,000 $24.73 D
Non-Qualified Stock Option (right to buy) (4) 05/22/2008 Class A Common Stock 7,000 $48.5 D
Explanation of Responses:
1. The option became exercisable with respect to 6,050 shares on May 3, 2005, and will become exercisable with respect to the remaining 6,050 shares on May 3, 2006.
2. The option is presently fully exercisable with respect to 8,750 shares that became exercisable with respect to 1,750 shares on each of March 1, 2000, March 1, 2001 and March 1, 2002, and with respect to 3,500 shares on March 1, 2003.
3. This option will become exercisable with respect to 11,000 shares on May 16, 2006, and with respect to the remaining 11,000 shares on May 16, 2007.
4. The option is presently fully exercisable with respect to 7,000 shares which vested in equal amounts on May 22 in each of 1999, 2000, 2001 and 2002.
By: Christopher W. Haffke, Power of Attorney For: John S.N. Charlton 03/09/2006
** 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 5 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.