SEC Form 4 · accession 0001179110-15-006813
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maureen Oconnell
Officer — EVP, CAO & CFO
Period of report
Apr 28, 2015
Accepted (ET)
Apr 29, 2015 · 5:48 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 Stock | Apr 28, 2015 | M | 100,000 | $34.85 | A | 146,143 | D | |
| Common Stock | Apr 28, 2015 | S | 100,000 | $40.00 | D | 46,163 | D | |
| Common Stock | holding | — | — | — | 25 | I | By son, as custodian |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $34.85 | Apr 28, 2015 | M | 100,000 | D | — | Mar 20, 2017 | Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.