SEC Form 4 · accession 0001179110-16-033316

SCHOLASTIC CORP · SCHL

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

Reporting owner

Director

Period of report

Dec 19, 2016

Accepted (ET)

Dec 20, 2016 · 5:25 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
Common Stock^F1	Dec 19, 2016	S	2,216	$47.614	D	1,089	D
Common Stock	Dec 19, 2016	M	2,308	$33.53	A	3,397	D
Common Stock^F2	Dec 19, 2016	S	2,308	$47.747	D	1,089	D
Common Stock	Dec 19, 2016	M	1,719	$43.56	A	2,808	D
Common stock^F3	Dec 19, 2016	S	1,719	$47.725	D	1,089	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Outside Director Stock Option (right to buy)	$33.53	Dec 19, 2016	M	2,308	D	Sep 21, 2015	Sep 24, 2024	Common Stock	2,308	0	D
Outside Director Stock Option (right to buy)	$43.56	Dec 19, 2016	M	1,719	D	Sep 21, 2016	Sep 21, 2025	Common Stock	1,719	0	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.55 to $47.65, 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.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.67 to $47.88, 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 (2) to this Form 4.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.70 to $47.73, 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 (3) to this Form 4.