SEC Form 4 · accession 0001179110-15-012679
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 25, 2015
Accepted (ET)
Aug 26, 2015 · 5:57 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 25, 2015 | M | 36,135 | $22.81 | A | 4,530,289 | D | |
| Common Stock | Aug 25, 2015 | S | 12,967 | $41.07 | D | 4,517,322 | D | |
| Common Stock | Aug 25, 2015 | S | 15,000 | $41.01 | D | 4,502,322 | D | |
| Common StockF1 | Aug 25, 2015 | S | 8,168 | $41.02 | 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 options (right to buy)F2 | $22.81 | Aug 25, 2015 | M | 36,135 | D | — | Aug 27, 2020 | Common Stock | 36,135 | 186,832 | D |
Explanation of responses
- F1See Exhibit 99.1
- F2Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.