SEC Form 4 · accession 0001179110-15-015518
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
Nov 25, 2015
Accepted (ET)
Nov 30, 2015 · 4:11 pm EST
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 | Nov 25, 2015 | M | 2,271 | $36.21 | A | 48,889 | D | |
| Common StockF1 | Nov 25, 2015 | S | 2,271 | $43.00 | D | 46,618 | D | |
| Common Stock | Nov 25, 2015 | M | 8,410 | $34.84 | A | 55,028 | D | |
| Common StockF1 | Nov 25, 2015 | S | 8,410 | $43.00 | D | 46,618 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F2 | $36.21 | Nov 25, 2015 | M | 2,271 | A | — | Sep 19, 2017 | Common Stock | 2,271 | 0 | D |
| Employee Stock Option (right to buy)F2 | $34.84 | Nov 25, 2015 | M | 8,410 | A | — | Dec 11, 2017 | Common Stock | 8,410 | 0 | D |
Explanation of responses
- F1Sales were made pursuant to a 10b5-1 plan.
- F2Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.