SEC Form 4 · accession 0001179110-15-011614

SCHOLASTIC CORP · SCHL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

John L Davies

Director

Period of report

Jul 29, 2015

Accepted (ET)

Jul 31, 2015 · 6:01 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
Common Stock	Jul 29, 2015	S	307	$43.00	D	5,649	D
Common Stock	Jul 29, 2015	M	100	$26.73	A	5,749	D
Common Stock	Jul 29, 2015	S	300	$43.00	D	5,449	D
Common Stock	Jul 29, 2015	M	100	$36.41	A	5,549	D
Common Stock	Jul 29, 2015	M	100	$30.08	A	5,649	D
Common stock^F1	Jul 30, 2015	S	4,397	$43.012	D	1,252	D
Common Stock	Jul 30, 2015	M	1,000	$36.21	A	2,252	D
Common Stock	Jul 30, 2015	M	966	$27.93	A	3,218	D
Common Stock	Jul 30, 2015	M	900	$24.54	A	4,118	D
Common Stock	Jul 30, 2015	M	966	$25.61	A	5,084	D
Common Stock	Jul 30, 2015	M	900	$26.73	A	5,984	D
Common Shares	Jul 30, 2015	M	1,017	$33.39	A	7,001	D
Common Stock	Jul 30, 2015	M	946	$30.56	A	7,947	D
Common Stock	Jul 30, 2015	M	1,500	$36.41	A	9,447	D
Common Stock	Jul 30, 2015	M	1,796	$30.08	A	11,243	D
Common Stock^F2	Jul 30, 2015	S	1,000	$43.024	D	10,243	D
Common Stock^F3	Jul 30, 2015	S	966	$43.028	D	9,277	D
Common Stock^F4	Jul 30, 2015	S	900	$43.044	D	8,377	D
Common Stock^F5	Jul 30, 2015	S	966	$43.052	D	7,411	D
Common Stock^F5	Jul 30, 2015	S	900	$43.04	D	6,511	D
Common Stock^F5	Jul 30, 2015	S	1,017	$43.055	D	5,494	D
Common Stock^F3	Jul 30, 2015	S	946	$43.039	D	4,548	D
Common Stock^F4	Jul 30, 2015	S	1,500	$43.052	D	3,048	D
Common Stock^F6	Jul 30, 2015	S	1,796	$43.041	D	1,252	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	$26.73	Jul 29, 2015	M	100	D	Sep 21, 2012	Sep 21, 2021	Common Stock	100	900	D
Outside Director Stock Options	$36.41	Jul 29, 2015	M	100	D	May 30, 2006	Sep 21, 2015	Common Stock	100	1,500	D
Outside Director Stock Options	$30.08	Jul 29, 2015	M	100	D	Sep 20, 2007	Sep 20, 2016	Common Stock	100	1,796	D
Outside Director Stock Options	$36.21	Jul 30, 2015	M	1,000	D	Sep 19, 2008	Sep 19, 2017	Common Stock	1,000	0	D
Outside Director Stock Option	$27.93	Jul 30, 2015	M	966	D	Sep 24, 2009	Sep 24, 2018	Common Stock	966	0	D
Outside Director Stock Options	$24.54	Jul 30, 2015	M	900	D	Sep 23, 2010	Sep 23, 2019	Common Stock	900	0	D
Outside Director Stock Options	$25.61	Jul 30, 2015	M	966	D	Sep 22, 2011	Sep 22, 2020	Common Stock	966	0	D
Outside Director Stock Options	$26.73	Jul 30, 2015	M	900	D	Sep 21, 2012	Sep 21, 2021	Common Stock	900	0	D
Outside Director Stock Options	$33.39	Jul 30, 2015	M	1,017	D	Sep 18, 2013	Sep 19, 2022	Common Stock	1,017	0	D
Outside Director Stock Options	$30.56	Jul 30, 2015	M	946	D	Sep 18, 2014	Sep 18, 2023	Common Stock	946	0	D
Outside Director Stock Options	$36.41	Jul 30, 2015	M	1,500	D	May 30, 2006	Sep 21, 2015	Common Stock	1,500	0	D
Outside Director Stock Options	$30.08	Jul 30, 2015	M	1,796	D	Sep 20, 2007	Sep 20, 2016	Common Stock	1,796	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 $43.00 to $43.13, 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 $43.00 to $43.05, 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 $43.00 to $43.12, 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 $43.00 to $43.18, 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 $43.00 to $43.17, 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 $43.00 to $43.16, 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.