SEC Form 4 · accession 0001179110-15-012619

SCHOLASTIC CORP · SCHL

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

Reporting owner

Officer — CEO, Chairman and President · Director · 10% Owner

Period of report

Aug 21, 2015

Accepted (ET)

Aug 25, 2015 · 5:26 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	Aug 21, 2015	M	10,200	$22.81	A	4,504,354	D
Common Stock^F1	Aug 21, 2015	S	10,000	$42.32	D	4,494,354	D
Common Stock	Aug 21, 2015	S	200	$42.41	D	4,494,154	D
Common Stock	Aug 24, 2015	M	14,138	$22.81	A	4,508,292	D
Common Stock	Aug 24, 2015	S	10,000	$41.01	D	4,498,292	D
Common Stock^F2	Aug 24, 2015	S	4,138	$41.05	D	4,494,154	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee stock options (right to buy)^F3	$22.81	Aug 21, 2015	M	10,200	D	—	Aug 27, 2020	Common Stock	10,200	237,105	D
Employee Stock Options (right to buy)^F3	$22.81	Aug 24, 2015	M	14,138	D	—	Aug 27, 2020	Common Stock	14,138	222,967	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.31-$42.35, 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.
F2See Exhibit 99.1
F3Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.