Rommel Douglas W 4
4 · AMERICAN GREETINGS CORP · Filed Apr 30, 2013
Insider Transaction Report
Form 4
Rommel Douglas W
Vice President
Transactions
- Award
Class A Common Shares
2013-04-26+9,611→ 56,628.722 total
Holdings
- 9,933.56(indirect: by Prof. Shar. Plan)
Class A Common Shares
Footnotes (3)
- [F1]Represents performance shares granted to the reporting person on May 25, 2012, and credited to the account of the reporting person. The reporting person's right to receive the common shares represented by these performance shares is subject to vesting where the performance shares will vest, and the underlying shares will be issued, on February 28, 2015, based on the continued employment of the reporting person. Under the terms of the agreement and plan of merger (the "Merger Agreement"), dated March 29, 2013, by and among American Greetings Corporation, Century Intermediate Holding Company ("Parent"), and Century Merger Company, a wholly-owned subsidiary of Parent, if the merger contemplated thereby is completed, it is expected that these performance shares would remain outstanding and be subject to existing terms and conditions, except that the performance shares would represent only the right to receive a cash payment upon vesting rather than Class A common shares.
- [F2]Includes increases in holdings pursuant to reporting person's participation in American Greetings Dividend Reinvestment Program.
- [F3]Represents amounts held in the issuer stock fund of the American Greetings Retirement Profit Sharing and Savings Plan. The reporting person's ownership interest in the stock fund is represented by "units," which consist of the issuer's Class A common shares and a small cash reserve fund. The amount reported reflects the estimated number of Class A common shares and per share price represented by the "units" held by the reporting person.