4//SEC Filing
WEISS ZEV 4
Accession 0001209191-11-026417
CIK 0000005133other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 5:00 PM ET
Size
16.4 KB
Accession
0001209191-11-026417
Insider Transaction Report
Form 4
WEISS ZEV
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Stock Option
2011-05-03−33,334→ 0 totalExercise: $13.15Exp: 2013-03-03→ Class A Common Shares (33,334 underlying) - Disposition to Issuer
Class B Common Shares
2011-05-03$23.72/sh−2,997$71,089→ 99,166 total - Exercise/Conversion
Class A Common Shares
2011-05-03$13.15/sh+33,334$438,342→ 33,334 total - Sale
Class A Common Shares
2011-05-03$23.92/sh−33,334$797,349→ 0 total - Award
Class B Common Shares
2011-05-03+28,750→ 104,375 total - Tax Payment
Class B Common Shares
2011-05-03$23.72/sh−2,212$52,469→ 102,163 total
Holdings
- 445,454(indirect: By LLC)
Class B Common Shares
- 84,330.322(indirect: By Deferred Comp.)
Class B Common Shares
Footnotes (7)
- [F1]The price reported in Column 4 is a weighted average price for shares sold on May 3, 2011, with prices ranging from $23.70 to $24.32, inclusive. The reporting person undertakes to provide to American Greetings Corporation, any security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]Represents restricted stock units granted to the reporting person on May 3, 2011. The restricted stock units will vest and shares will be issued with respect to 9,584 shares on the first anniversary date of grant, and with respect to 9,583 shares on the second and third anniversary dates of grant, based on the continued employment of the reporting person.
- [F3]Represents the number of shares withheld for the payment of taxes due upon vesting of restricted stock units.
- [F4]The shares were sold to American Greetings Corporation in accordance with its Amended and Restated Articles of Incorporation.
- [F5]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.
- [F6]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.
- [F7]These options became fully exercisable on March 3, 2006.
Documents
Issuer
AMERICAN GREETINGS CORP
CIK 0000005133
Entity typeother
Related Parties
1- filerCIK 0001223163
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 5:00 PM ET
- Size
- 16.4 KB