SEC Form 4 · accession 0001179110-15-011558
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Augustus K Oliver
Director
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 4:42 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 | Jul 28, 2015 | S | 3,600 | $42.81 | D | 12,757 | D | |
| Common Stock | Jul 28, 2015 | M | 3,000 | $36.21 | A | 15,757 | D | |
| Common StockF2 | Jul 28, 2015 | S | 3,000 | $42.401 | D | 12,757 | D | |
| Common Stock | Jul 28, 2015 | M | 1,704 | $30.56 | A | 14,461 | D | |
| Common Stock | Jul 28, 2015 | S | 1,704 | $43.00 | D | 12,757 | D | |
| Common Stock | Jul 28, 2015 | M | 6,000 | $36.41 | A | 18,757 | D | |
| Common StockF3 | Jul 28, 2015 | S | 6,000 | $42.378 | D | 12,757 | D | |
| Common Stock | Jul 29, 2015 | M | 3,017 | $33.39 | A | 15,774 | D | |
| Common StockF4 | Jul 29, 2015 | S | 3,017 | $42.901 | D | 12,757 | D | |
| Common Stock | Jul 29, 2015 | M | 1,042 | $30.56 | A | 13,799 | D | |
| Common StockF5 | Jul 29, 2015 | S | 1,042 | $43.018 | D | 12,757 | D | |
| Common Stock | Jul 29, 2015 | M | 6,000 | $30.08 | A | 18,757 | D | |
| Common StockF6 | Jul 29, 2015 | S | 6,000 | $42.914 | D | 12,757 | 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 Options | $36.21 | Jul 28, 2015 | M | 3,000 | D | Sep 19, 2008 | Sep 19, 2017 | Common Stock | 3,000 | 0 | D |
| Outside Director Stock Options | $30.56 | Jul 28, 2015 | M | 1,704 | D | Sep 18, 2014 | Sep 18, 2023 | Common Stock | 1,704 | 1,042 | D |
| Outside Director Stock Options | $36.41 | Jul 28, 2015 | M | 6,000 | D | May 30, 2006 | Sep 21, 2015 | Common Stock | 6,000 | 0 | D |
| Outside Director Stock Option (right to buy) | $33.39 | Jul 29, 2015 | M | 3,017 | D | Sep 18, 2013 | Sep 19, 2022 | Common Stock | 3,017 | 0 | D |
| Outside Director Stock Options | $30.56 | Jul 29, 2015 | M | 1,042 | D | Sep 18, 2014 | Sep 18, 2023 | Common Stock | 1,042 | 0 | D |
| Outside Director Stock Options | $30.08 | Jul 29, 2015 | M | 6,000 | D | Sep 20, 2007 | Sep 20, 2016 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.80 to $42.825, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.40 to $42.41, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.33 to $42.42, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.90 to $43.09, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.90 to $43.10, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (5) to this Form 4
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.90 to $42.95, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4