X0303 4 2010-05-03 0 0000005133 AMERICAN GREETINGS CORP AM 0001223162 WEISS JEFFREY M ONE AMERICAN ROAD CLEVELAND OH 44144 1 1 1 0 President and C.O.O. Class B Common Shares 2010-05-03 4 A 0 11750 0.00 A 57962 D Class B Common Shares 2010-05-04 4 M 0 25500 7.73 A 83462 D Class B Common Shares 2010-05-04 4 M 0 25000 18.12 A 108462 D Class B Common Shares 2010-05-04 4 D 0 50500 24.69 D 57962 D Class B Common Shares 27988.259 I by Deferred Comp. Class B Common Shares 445454 I By LLC Stock Option 24.69 2010-05-03 4 A 0 46875 0.00 A 2020-05-03 Class B Common Shares 46875 46875 D Stock Option 7.73 2010-05-04 4 M 0 25500 0.00 D 2019-05-01 Class B Common Shares 25500 49500 D Stock Option 18.12 2010-05-04 4 M 0 25000 0.00 D 2018-05-01 Class B Common Shares 25000 25000 D Represents restricted stock units granted to the reporting person on May 3, 2010. The restricted stock units will vest and shares will be issued with respect to 3,917 shares on the first and second anniversaries of the grant date, and with respect to 3,916 shares on the third anniversary of the grant date, based on the continued employment of the reporting person. The shares were sold to American Greetings Corporation in accordance with its Amended and Restated Articles of Incorporation. Represents the number of shares allocated to the account of the reporting person under the Corporation's Executive Officers Deferred Compensation Plan, including dividend equivalents credited with respect to any dividends paid on the issuer's common shares. On August 11, 2006, the Reporting Person acquired membership interests in the Irving I. Stone Limited Liability Company (the "LLC") representing 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. This option will vest equally on each of the first, second and third anniversaries of the date of the grant. This option became exercisable with respect to 25,500 shares on May 1, 2010, and will become exercisable with respect to 24,750 shares on each of May 1, 2011 and May 1, 2012. This option became exercisable with respect to 25,000 shares on each of May 1, 2009 and May 1, 2010, and will become exercisable with respect to 25,000 shares on each of May 1, 2011. Catherine M. Kilbane, Power of Attorney for Jeffrey Weiss 2010-05-05