MASON WILLIAM R 4
4 · AMERICAN GREETINGS CORP · Filed Mar 3, 2009
Insider Transaction Report
Form 4
MASON WILLIAM R
Senior Vice President
Transactions
- Award
Stock Option
2009-02-28+22,000→ 22,000 totalExercise: $25.57From: 2008-05-02Exp: 2012-02-29→ Class A Common Shares (22,000 underlying) - Disposition to Issuer
Stock Option
2009-02-28−22,000→ 0 totalExercise: $24.73From: 2006-05-16Exp: 2015-05-16→ Class A Common Shares (22,000 underlying) - Award
Stock Option
2009-02-28+22,000→ 22,000 totalExercise: $22.65From: 2007-05-15Exp: 2012-02-29→ Class A Common Shares (22,000 underlying) - Award
Stock Option
2009-02-28+22,000→ 22,000 totalExercise: $18.12From: 2009-05-01Exp: 2012-02-29→ Class A Common Shares (22,000 underlying) - Disposition to Issuer
Stock Option
2009-02-28−22,000→ 0 totalExercise: $22.65From: 2007-05-15Exp: 2016-05-15→ Class A Common Shares (22,000 underlying) - Disposition to Issuer
Stock Option
2009-02-28−22,000→ 0 totalExercise: $18.12From: 2009-05-01Exp: 2018-05-01→ Class A Common Shares (22,000 underlying) - Disposition to Issuer
Stock Option
2009-02-28−22,000→ 0 totalExercise: $25.57From: 2008-05-02Exp: 2017-05-02→ Class A Common Shares (22,000 underlying) - Award
Stock Option
2009-02-28+22,000→ 22,000 totalExercise: $24.73From: 2006-05-16Exp: 2012-02-29→ Class A Common Shares (22,000 underlying)
Holdings
- 1,060(indirect: By Spouse)
Class A Common Shares
Footnotes (5)
- [F1]Pursuant to a separation agreement dated July 15, 2008 between Mr. Mason and American Greetings Corporation, Mr. Mason's outstanding options will continue to vest and be exercisable until February 29, 2012, rather than terminate as of February 28, 2009 (his date of separation) with respect to unvested options and 90 days from his date of separation with respect to his vested options. Such a change results in a deemed cancellation of his original option grants and grants of replacement options therefor.
- [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the original option and the grant of a replacement option. The option was originally granted on May 15, 2006, and provides for vesting in two equal annual installments commencing May 15, 2007.
- [F3]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the original option and the grant of a replacement option. The option was originally granted on May 16, 2005, and provides for vesting in two equal annual installments commencing May 16, 2006.
- [F4]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the original option and the grant of a replacement option. The option was originally granted on May 2, 2007, and provides for vesting in two equal annual installments commencing May 2, 2008.
- [F5]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the original option and the grant of a replacement option. The option was originally granted on May 1, 2008, and provides for vesting in two equal annual installments commencing May 1, 2009.