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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * HARDIS STEPHEN R   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 _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O ONE AMERICAN ROAD 3. Date of Earliest Transaction (Month/Day/Year) 06/27/2008 (Street) CLEVELAND, OH 44144 4. If Amendment, Date 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 (City) (State) (Zip) 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) Code V Amount (A) or (D) Price Class A Common Shares               2,000 D   Class B Common Shares               1,022 D   Class B Common Shares               27,217.512 (1) I By Deferred Comp.

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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$ 13.15	06/27/2008		D(2)			4,000	(2)	03/03/2013	Class A Common Shares	4,000	$ 0 (2)	0	D
Stock Option	$ 14	06/27/2008		D(3)			4,000	(3)	03/01/2012	Class A Common Shares	4,000	$ 0 (3)	0	D
Stock Option	$ 20.51	06/27/2008		D(4)			4,000	(4)	05/03/2014	Class A Common Shares	4,000	$ 0 (4)	0	D
Stock Option	$ 21.08	06/27/2008		D(5)			1,000	(5)	07/12/2016	Class A Common Shares	1,000	$ 0 (5)	0	D
Stock Option	$ 26.51	06/27/2008		D(6)			2,000	(6)	06/24/2015	Class A Common Shares	2,000	$ 0 (6)	0	D
Stock Option	$ 29.4375	06/27/2008		D(7)			16,000	(7)	06/28/2009	Class A Common Shares	16,000	$ 0 (7)	0	D
Stock Option	$ 22.65	06/27/2008		D(8)			6,000	(8)	05/15/2016	Class A Common Shares	6,000	$ 0 (8)	0	D
Stock Option	$ 24.73	06/27/2008		D(9)			4,000	(9)	05/16/2015	Class A Common Shares	4,000	$ 0 (9)	0	D
Stock Option	$ 25.57	06/27/2008		D(10)			7,000	(10)	05/02/2017	Class A Common Shares	7,000	$ 0 (10)	0	D
Stock Option	$ 18.12	06/27/2008		D(11)			7,000	(11)	05/01/2018	Class A Common Shares	7,000	$ 0 (11)	0	D
Stock Option	$ 13.15	06/27/2008		A(2)		4,000		(2)	06/27/2011	Class A Common Shares	4,000	$ 0	4,000	D
Stock Option	$ 14	06/27/2008		A(3)		4,000		(3)	06/27/2011	Class A Common Shares	4,000	$ 0 (3)	4,000	D
Stock Option	$ 20.51	06/27/2008		A(4)		4,000		(4)	06/27/2011	Class A Common Shares	4,000	$ 0 (4)	4,000	D
Stock Option	$ 21.08	06/27/2008		A(5)		1,000		(5)	06/27/2011	Class A Common Shares	1,000	$ 0 (5)	1,000	D
Stock Option	$ 26.51	06/27/2008		A(6)		2,000		(6)	06/27/2011	Class A Common Shares	2,000	$ 0 (6)	2,000	D
Stock Option	$ 29.4375	06/27/2008		A(7)		16,000		(7)	06/28/2009	Class A Common Shares	16,000	$ 0 (7)	16,000	D
Stock Option	$ 22.65	06/27/2008		A(8)		6,000		(8)	06/27/2011	Class A Common Shares	6,000	$ 0 (8)	6,000	D
Stock Option	$ 24.73	06/27/2008		A(9)		4,000		(9)	06/27/2011	Class A Common Shares	4,000	$ 0 (9)	4,000	D
Stock Option	$ 25.57	06/27/2008		A(10)		7,000		(10)	06/27/2011	Class A Common Shares	7,000	$ 0 (10)	7,000	D
Stock Option	$ 18.12	06/27/2008		A(11)		7,000		(11)	06/27/2011	Class A Common Shares	7,000	$ 0 (11)	7,000	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
HARDIS STEPHEN R C/O ONE AMERICAN ROAD CLEVELAND, OH 44144	X

Signatures

Catherine M. Kilbane, Power of Attorney for Stephen R. Hardis		07/01/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	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.
(2)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on March 3, 2003, and provided for vesting in two equal annual installments commencing March 3, 2004.
(3)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on March 1, 2002, and provided for vesting in two equal annual installments commencing March 1, 2003.
(4)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on May 3, 2004, and provided for vesting in two equal annual installments commencing May 3, 2005.
(5)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on July 12, 2006 and provided for vesting in two equal annual installments commencing July 12, 2007.
(6)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on June 24, 2005 and provided for vesting in two equal annual installments commencing June 25, 2006.
(7)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on June 28, 1999 and provided for vesting in two equal annual installments commencing June 28, 2000.
(8)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on May 15, 2006 and provided for vesting in two equal annual installments commencing May 15, 2007.
(9)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on May 16, 2005 and provided for vesting in two equal annual installments commencing May 16, 2006.
(10)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on May 2, 2007 and provided for vesting in two equal annual installments commencing May 2, 2008.
(11)	The two reported transactions involved an amendment of an outstanding option to extend the vesting and exercisability of the option for three years, or, if earlier, until the 10-year expiration of the option. The amendment is deemed a cancellation of the original option and the grant of a replacement option. The option was originally granted on May 1, 2008 and provided for vesting in two equal annual installments commencing May 1, 2009.

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