SEC Form 4 · accession 0001179110-15-013153
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maureen Oconnell
Officer — EVP, CAO & CFO
Period of report
Sep 4, 2015
Accepted (ET)
Sep 9, 2015 · 4:00 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 StockF1 | Sep 4, 2015 | M | 10,263 | $42.42 | A | 49,532 | D | |
| Common StockF1 | Sep 4, 2015 | F | 5,052 | $42.42 | D | 44,480 | D | |
| Common Stock | holding | — | — | — | 25 | I | By son, as custodian |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Sep 4, 2015 | M | 10,263 | D | Sep 4, 2015 | Sep 4, 2015 | Common Stock | 10,263 | 0 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") acquired by the reporting person on 9/1/12 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/4/2015, the first business day following expiration of the deferral period selected by the reporting person. RSU price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2012.