X0202 3 2006-08-04 0 0000005133 AMERICAN GREETINGS CORP AM 0001223153 WEISS GARY L C/O AMERICAN GREETINGS CORP ONE AMERICAN ROAD CLEVELAND OH 44144 0 0 1 1 Employee - Non-Executive Ofcr. Class B Common Stock 11175 D Non-Qualified Stock Opiton (right to buy) 29.5 2007-01-27 Class B Common Stock 31250 I By Trust Non-Qualified Stock Option (right to buy) 29.5 2007-01-27 Class A Common Stock 4000 D Non-Qualified Stock Option (right to buy) 46.8125 2008-03-30 Class A Commom Stock 4500 D Non-Qualified Stock Option (right to buy) 23.5625 2009-03-01 Class A Common Stock 21000 D Non-Qualified Stock Option (right to buy) 20.51 2014-05-03 Class A Common stock 3500 D Non-Qualified Stock Option (right to buy) 24.73 2015-05-16 Class A Common Stock 7000 D Non-Qualified Stock Option (right to buy) 22.65 2016-05-15 Class A Common Stock 7000 D Non-Qualified stock Option (right to buy) 29.5 1998-01-27 2007-01-27 Class B Common Stock 12000 I By Trust Right to Acquire Indirect Interest Class B Common Stock 445454 I By LLC The Option became exercisable with respect to 7,813 shares on the 27th day of each of January 1998 and 1999, and with respect to 7,812 shares on the 27th day of each of January 2000 and 2001. The Option became exercisable with respect to 1,000 shares on the 27th day of each of January 1999 and 2000, and with respect to 2,000 shares on the 27th day of January, 2001. The Option became exercisable with respect to 1,500 shares on the 30th day of each of March 1999, 2000 and 2001. The Option became exercisable with respect to 3,500 shares on the 1st day of each of March 2000 and 2001, and with respect to 7,000 shares on the 1st day of each of March 2002 and 2003. The Option became exercisable with respect to 3,500 shares on the 3rd day of May 2006. The Option became exercisable with respect to 3,500 shares on the 16th day of May 2006, with the balance to become exercisable on the 16th day of May 2007. The Option will become exercisable with respect to 3,500 shares on the 15th day of each of May 2007 and 2008. On August 4, 2006, the Reporting Person acquired the right to purchase membership interests in the Irving I. Stone Limited Liability Company (the "LLC") on or before August 11, 2006, which represents 24.5% of the equity in the LLC. As a result of such acquisition, the Reporting Person may be deemed to have an indirect beneficial ownership interest in 445,454 of the 1,818,182 Class B common shares owned by the LLC. Not applicable. Catherine M. Kilbane, Power of Attorney for Gary Weiss 2006-08-11