SEC Form 4 · accession 0001104659-15-066801
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John L Davies
Director
Period of report
Sep 21, 2015
Accepted (ET)
Sep 23, 2015 · 6:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866729
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 21, 2015 | A | 964 | — | A | 2,216 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Outside Director stock option (right to buy)F2 | $43.56 | Sep 21, 2015 | A | 1,719 | A | — | Sep 21, 2025 | Common Stock | 1,719 | 1,719 | D |
Explanation of responses
- F1Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 21, 2016 or the date of the Company's 2016 annual stockholder meeting.
- F2The stock options are scheduled to vest on the earlier of September 21, 2016 or the date of the Company's 2016 annual stockholder meeting.