SEC Form 4 · accession 0001179110-15-012012
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Augustus K Oliver
Director
Period of report
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 4:25 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 | Aug 10, 2015 | M | 3,000 | $27.93 | A | 15,757 | D | |
| Common StockF1 | Aug 10, 2015 | S | 3,000 | $43.144 | D | 12,757 | D | |
| Common Stock | Aug 10, 2015 | M | 3,000 | $24.54 | A | 15,757 | D | |
| Common StockF2 | Aug 10, 2015 | S | 3,000 | $43.05 | D | 12,757 | D | |
| Common Stock | Aug 10, 2015 | M | 3,000 | $25.61 | A | 15,757 | D | |
| Common StockF3 | Aug 10, 2015 | S | 3,000 | $43.10 | D | 12,757 | D | |
| Common Stock | Aug 10, 2015 | M | 3,000 | $26.73 | A | 15,757 | D | |
| Common StockF4 | Aug 10, 2015 | S | 3,000 | $43.02 | 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 (right to buy) | $27.93 | Aug 10, 2015 | M | 3,000 | D | Sep 24, 2009 | Sep 24, 2018 | Common Stock | 3,000 | 0 | D |
| Outside Director Stock Options (right to buy) | $24.50 | Aug 10, 2015 | M | 3,000 | D | Sep 23, 2010 | Sep 23, 2019 | Common Stock | 3,000 | 0 | D |
| Outside Director Stock Options (right to buy) | $25.61 | Aug 10, 2015 | M | 3,000 | D | Sep 22, 2011 | Sep 22, 2020 | Common Stock | 3,000 | 0 | D |
| Outside Director Stock Option (right to buy) | $26.73 | Aug 10, 2015 | M | 3,000 | D | Sep 21, 2012 | Sep 21, 2021 | Common Stock | 3,000 | 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 $43.09 to $43.22, 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 $43.01 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 (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 $43.04 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 (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 $43.09, 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