SEC Form 4 · accession 0001179110-15-011572
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Robinson
Officer — CEO, Chairman and President · Director · 10% Owner
Period of report
Jul 28, 2015
Accepted (ET)
Jul 30, 2015 · 6:47 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 |
|---|---|---|---|---|---|---|---|---|
| Class A StockF1 | Jul 28, 2015 | M | 9,396 | $36.41 | A | 4,503,550 | D | |
| Class A StockF2 | Jul 28, 2015 | J | 9,396 | $36.41 | D | 4,494,154 | D | |
| Common StockF2 | Jul 28, 2015 | J | 9,396 | $36.41 | A | 4,503,550 | D | |
| Common Stock | Jul 28, 2015 | S | 9,396 | $42.98 | D | 4,494,154 | D | |
| Class A Stock | Jul 29, 2015 | M | 4,004 | $36.41 | A | 4,498,158 | D | |
| Class A Stock | Jul 29, 2015 | J | 4,004 | $36.41 | D | 4,494,154 | D | |
| Common Stock | Jul 29, 2015 | J | 4,004 | $36.41 | A | 4,498,158 | D | |
| Common StockF3 | Jul 29, 2015 | S | 4,004 | $42.98 | D | 4,494,154 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Emmployee Stock Option (right to buy)F4 | $36.41 | Jul 28, 2015 | M | 9,396 | D | — | Sep 21, 2015 | Class A Stock | 9,396 | 323,604 | D |
| Employee Stock Options (right to buy)F4 | $36.41 | Jul 29, 2015 | M | 4,004 | D | — | Sep 21, 2015 | Class A Stock | 4,004 | 319,600 | D |
Explanation of responses
- F1Represents the exercise of stock options due to expire on September 21, 2015.
- F2Represents the conversion of Class A Stock to Common Stock.
- F3See Exhibit 99.1.
- F4Employee stock options vest ratably over a four year period beginning with the first anniversary of the date of grant.