MACDONALD WILLIAM E III 4
4 · AMERICAN GREETINGS CORP · Filed May 15, 2013
Insider Transaction Report
Form 4
MACDONALD WILLIAM E III
Director
Transactions
- Award
Class A Common Shares
2013-05-13+4,902→ 11,588 total
Holdings
- 3,871.696(indirect: By Deferred Comp.)
Class A Common Shares
Footnotes (2)
- [F1]Represents restricted stock units granted to the reporting person on May 13, 2013. The restricted stock units will vest and shares will be issued equally on the first and second anniversaries of the date of grant, subject to continued service as a director of the reporting person. Under the terms of the agreement and plan of merger 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, these restricted stock units will fully vest and be settled for a cash payment equal to the per share merger consideration for each restricted stock unit.
- [F2]Represents the number of shares allocated to the account of the reporting person under the Corporation's Outside Directors Deferred Compensation Plan, including dividend equivalents credited with respect to any dividends paid on the Corporation's common shares.