-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DFCdSCOJ6rRJqNviV3vnPa84v4fLZANibo86WSWmiWdyncvV8ZzzoPg2y3U2VsYr rPTpAVfbo1Q0w3ny12YHtQ== 0001209191-08-019226.txt : 20080319 0001209191-08-019226.hdr.sgml : 20080319 20080319160757 ACCESSION NUMBER: 0001209191-08-019226 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080317 FILED AS OF DATE: 20080319 DATE AS OF CHANGE: 20080319 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: JO-ANN STORES INC CENTRAL INDEX KEY: 0000034151 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-MISCELLANEOUS SHOPPING GOODS STORES [5940] IRS NUMBER: 340720629 STATE OF INCORPORATION: OH FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 5555 DARROW RD CITY: HUDSON STATE: OH ZIP: 44236 BUSINESS PHONE: 2166562600 MAIL ADDRESS: STREET 1: 5555 DARROW ROAD CITY: HUDSON STATE: OH ZIP: 44236 FORMER COMPANY: FORMER CONFORMED NAME: FABRI CENTERS OF AMERICA INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: CLEVELAND FABRIC SHOPS INC NUMBER THREE DATE OF NAME CHANGE: 19681216 FORMER COMPANY: FORMER CONFORMED NAME: CLEVELAND FABRIC SHOPS INC DATE OF NAME CHANGE: 19681216 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kerr James CENTRAL INDEX KEY: 0001371010 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06695 FILM NUMBER: 08699449 BUSINESS ADDRESS: BUSINESS PHONE: 330-463-6617 MAIL ADDRESS: STREET 1: 5555 DARROW ROAD CITY: HUDSON STATE: OH ZIP: 44236 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2008-03-17 0 0000034151 JO-ANN STORES INC JAS 0001371010 Kerr James 5555 DARROW ROAD HUDSON OH 44236 0 1 0 0 Executive Vice President Common Stock 1618 I By Plan Common Stock 2008-03-17 4 F 0 62 13.52 D 23630 D Common Stock 2008-03-17 4 A 0 9246 0.00 A 32876 D Restricted Stock Units 0.00 2008-03-17 4 A 0 18492 0.00 A 2009-03-17 2012-03-17 Common Stock 18492 18492 D Stock Options (Right to Buy) 13.52 2008-03-17 4 A 0 53427 0.00 A 2009-03-17 2015-03-17 Common Stock 53427 53427 D Reflects routine accumulation of shares held by reporting person through the 401(k) benefit plan as of 1/31/2008, based on internal records. Represents shares of common stock withheld for payment of tax liability resulting from the vesting of restricted shares. The original restricted share award was granted on 3/15/2007 and vests 25% annually for four years beginning one year from the grant date. Total includes 5,302 shares acquired through the company's Section 423 plan as of 1/31/2008. Award of 9,246 shares of restricted stock which vest 25% annually over four years, beginning one year after the grant date. The reporting person was granted an award of up to 18,492 restricted stock units, which convert to common stock on a one-for-one basis upon vesting. The restricted stock units are subject to performance criteria and, if achieved, will vest 25% annually over four years, beginning one year after the grant date. The restricted stock units are forfeitable if the reporting person ceases to be employed by the Company prior to vesting. The stock options vest 25% each year over four years, beginning one year after the grant date. /s/James Kerr 2008-03-19 -----END PRIVACY-ENHANCED MESSAGE-----