SC 13G 1 l86457jsc13g.txt BANK ONE CORP./JO-ANN STORES SCHEDULE 13G 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ) JO-ANN STORES, INC. ----------------------------------------- (NAME OF ISSUER) CLASS A COMMON STOCK ----------------------------------------- (TITLE OF CLASS OF SECURITIES) 47758P109 --------------------------- (CUSIP NUMBER) 12/31/00 --------------------------- (DATE) CHECK THE FOLLOWING BOX IF FEE IS BEING PAID WITH THIS STATEMENT ----------------------------------------------------- 2 CUSIP NO. 47758P109 --------------- -------------------------------------------------------------------------------- 1) Names of Reporting Persons I.R.S. No. 31-0738296 S.S. or I.R.S. Identification Nos. of BANK ONE CORPORATION Above Persons -------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (a) _______________ (See Instructions) (b) _______________ -------------------------------------------------------------------------------- 3) SEC Use only -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization ILLINOIS -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power 7,500 ----------------- Beneficially (6) Shared Voting Power 0 ----------------- Owned by (7) Sole Dispositive Power 640,577 ----------------- Each Reporting (8) Shared Dispositive Power 7,000 ----------------- Person with -------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially 647,577 ----------------- Owned by Each Reporting Person -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 6.9% ----------------- -------------------------------------------------------------------------------- 12) Type of Reporting Person (See Instructions) HC ----------------- 3 -------------------------------------------------------------------------------- SEC 13G SECURITIES AND EXCHANGE COMMISSION SCHEDULE 13G Amendment No. Item 1(a) Name of Issuer: Jo-Ann Stores, Inc. -------------------- Item 1(b) Address of Issuer's principal executive offices: 5555 Darrow Road Hudson, OH 44236 -------------------- Item 2(a) Name of person filing: BANK ONE CORPORATION Item 2(b) Address of principal business office or, if none residence: One First National Plaza Chicago, IL 60670 Item 2(c) Citizenship: Not Applicable Item 2(d) Title of class of securities: Class A Common Stock ---------------------- Item 2(e) CUSIP No.: 47758P109 ---------------------- Item 3. This statement is filed pursuant to Rule 13d-1(c). Item 4. Ownership This beneficial ownership by BANK ONE CORPORATION with respect to common shares of Jo-Ann Stores, Inc. : ------------------------------------------ (a) Amount beneficially owned: 647,577 ----------------- (b) Percent of class 6.9% ----------------- (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote: 7,500 ----------------- (ii) Shared power to vote or to direct the vote: 0 ----------------- (iii) Sole power to dispose or to direct the disposition of: 640,577 ----------------- (iv) Shared power to dispose or to direct the disposition of: 7,000 ----------------- 4 Item 5. Ownership of 5 percent or less of a Class. N/A ------- Item 6. Ownership of More than 5 percent on Behalf of Another Person. N/A ------- Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. -------------- American National Bank Bank One Trust Company, N.A. The One Group Item 8. Identification and Classification of Members of the Group. N/A ------- Item 9. Notice of Dissolution of Group. N/A ------- Item 10. Certification. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. Dated: February 13, 2001 ------------------------- BANK ONE CORPORATION By: /s/ DAVID J. KUNDERT David J. Kundert EXECUTIVE VICE PRESIDENT