Ownership Submission
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 *
GORDON LESLIE H
   2. Issuer Name and Ticker or Trading Symbol
A.C. Moore Arts & Crafts, Inc. [ACMR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP and CFO
(Last)
(First)
(Middle)
C/O A.C. MOORE ARTS & CRAFTS, INC., 500 UNIVERSITY COURT		 3. Date of Earliest Transaction (Month/Day/Year)
04/26/2005
(Street)

BLACKWOOD, NJ 08012		 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
Common Stock 04/26/2005   M   34,000 A $ 3.94 69,000 D  
Common Stock 04/26/2005   M   6,000 A $ 8.32 75,000 D  
Common Stock 04/26/2005   S   40,000 D $ 27.2 35,000 D  

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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
Common Stock $ 3.94 (1) 04/26/2005   M     34,000 (1)   (2) 07/19/2010 Common Stock 34,000 (1) $ 0 0 (1) D  
Common Stock $ 8.32 (3) 04/26/2005   M     6,000 (3)   (4) 07/18/2011 Common Stock 6,000 (3) $ 0 12,000 (3) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
GORDON LESLIE H
C/O A.C. MOORE ARTS & CRAFTS, INC.
500 UNIVERSITY COURT
BLACKWOOD, NJ 08012		       EVP and CFO  

Signatures

 Leslie H. Gordon   04/26/2005
**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) On June 25, 2002, ACMR's Board of Directors approved a two-for-one stock split to shareholders of record as of the close of business on July 15, 2002 (the "Stock Split"). This option was previously reported as covering 17,000 shares at an exercise price of $7.88 per share, but was adjusted as a result of the Stock Split into an option to purchase 34,000 shares at an exercise price of $3.94 per share.
(2) This option vested in three equal installments on July 19, 2001, July 19, 2002 and July 19, 2003.
(3) This option was previously reported as covering 9,000 shares at an exercise price of $16.64 per share, but was adjusted as a result of the Stock Split into an option to purchase 18,000 shares at an exercise price of $8.32 per share.
(4) This option vested in three equal installments on July 18, 2002, July 18, 2003 and July 18, 2004. The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934 (as amended), the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.

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