X0202 4 2006-05-15 0 0000005133 AMERICAN GREETINGS CORP AM 0001319752 McGrath Brian T AMERICAN GREETINGS CORPORATION ONE AMERICAN ROAD CLEVELAND OH 44144 0 1 0 0 Vice President Non-Qualified Stock Option (right to buy) 22.65 2006-05-15 4 A 0 10000 0 A 2016-05-15 Class A Common Stock 10000 10000 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: Brian T. McGrath 2006-05-17