SEC Form 4 · accession 0001179110-15-012169
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
Aug 12, 2015
Accepted (ET)
Aug 14, 2015 · 4:51 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 | Aug 12, 2015 | M | 19,500 | $36.41 | A | 4,513,654 | D | |
| Class A StockF2 | Aug 12, 2015 | J | 19,500 | $36.41 | D | 4,494,154 | D | |
| Common StockF2 | Aug 12, 2015 | J | 19,500 | $36.41 | A | 4,513,654 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $41.74 | D | 4,512,154 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $41.79 | D | 4,510,654 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $41.84 | D | 4,509,154 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $41.94 | D | 4,507,654 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $41.89 | D | 4,506,154 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $41.99 | D | 4,504,654 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $42.14 | D | 4,503,154 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $42.19 | D | 4,501,654 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $42.04 | D | 4,500,154 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $42.24 | D | 4,498,654 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $42.29 | D | 4,497,154 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $42.34 | D | 4,495,654 | D | |
| Common Stock | Aug 12, 2015 | S | 1,500 | $42.61 | D | 4,494,154 | D | |
| Class A StockF1 | Aug 13, 2015 | M | 16,438 | $36.41 | A | 4,510,592 | D | |
| Class A StockF2 | Aug 13, 2015 | J | 16,438 | $36.41 | D | 4,494,154 | D | |
| Common StockF2 | Aug 13, 2015 | J | 16,438 | $36.41 | A | 4,510,592 | D | |
| Common Stock | Aug 13, 2015 | S | 5,000 | $43.06 | D | 4,505,592 | D | |
| Common Stock | Aug 13, 2015 | S | 5,000 | $43.11 | D | 4,500,592 | D | |
| Common Stock | Aug 13, 2015 | S | 1,438 | $43.16 | D | 4,499,154 | D | |
| Common Stock | Aug 13, 2015 | S | 2,000 | $43.01 | D | 4,497,154 | D | |
| Common StockF3 | Aug 13, 2015 | S | 3,000 | $43.09 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F4 | $36.41 | Aug 12, 2015 | M | 19,500 | D | — | Sep 21, 2015 | Class A Stock | 19,500 | 80,050 | D |
| Employee Stock Option (right to buy)F4 | $36.41 | Aug 13, 2015 | M | 16,438 | D | — | Sep 21, 2015 | Common Stock | 16,438 | 63,612 | 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.