SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

WEISS JEFFREY M

(Last)

(First)

(Middle)

C/O AMERICAN GREETING CORP

ONE AMERICAN ROAD

(Street)

CLEVELAND

44144

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN GREETINGS CORP [ AM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and C.O.O.

3. Date of Earliest Transaction (Month/Day/Year)
07/06/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	07/06/2005		S		1,400	D	$26.72	1,100	D
Class A Common Stock	07/06/2005		S		300	D	$26.75	800	D
Class A Common Stock	07/06/2005		S		300	D	$26.76	500	D
Class A Common Stock	07/06/2005		S		500	D	$26.88	0	D
Class B Common Stock	07/06/2005		F		10,317	D	$26.84	21,542	D
Class B Common Stock	07/06/2005		F		1,400	D	$26.84	20,142	D
Class B Common Stock	07/06/2005		M		13,500	A	$20.51	33,642	D
Class A Common Stock								12	I	by Daughter
Class A Common Stock								526	I	by Profit Shar.401-k
Class B Common Stock								1,907	I	by Profit Shar.Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$13.15	07/06/2005		M			50,000	⁽¹⁾	03/03/2013	Class A Common Stock	50,000	$0	25,000	D
Non-Qualified Stock Option (right to buy)	$14	07/06/2005		M			14,000	⁽²⁾	03/01/2012	Class A Common Stock	14,000	$0	0	D
Non-Qualified Stock Option (right to buy)	$16.813	07/06/2005		M			12,000	⁽³⁾	05/22/2010	Class A Common Stock	12,000	$0	0	D
Non-Qualified Stock Option (right to buy)	$20.51	07/06/2005		M			13,500	⁽⁴⁾	05/03/2014	Class B Common Stock	13,500	$0	61,500	D
Non-Qualified Stock Option (right to buy)	$26.34	07/06/2005		A		10,317		07/06/2005	05/03/2014	Class B Common Stock	10,317	$0	10,317	D

Explanation of Responses:

1. The option became exercisable with respect to 25,000 shares on each of March 3, 2004 and 2005, the remaining amount to become exercisable on March 3, 2006.

2. The option became exercisable in two equal installments on March 1, 2003 and 2004.

3. The option became exercisable in three equal installments on May 22, 2001, 2002 and 2003.

4. The option became exercisable with respect to 25,000 shares on May 3, 2005, the remaining 50,000 shares to become exercisable in two equal installments on May 3, 2006 and 2007.

Remarks:

The reporting person engaged in additional transactions on July 6, 2005, which are reported on a separate Form 4 filed on the date hereof.

	By: Catherine M. Kilbane, Power of Attorney For: Jeffrey M. Weiss	07/08/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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