SEC Form 4 · accession 0001179110-17-012567
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 19, 2017
Accepted (ET)
Sep 21, 2017 · 5:34 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 | Sep 19, 2017 | A | 5,440 | $38.60 | A | 33,235 | D | |
| Common StockF1 | Sep 20, 2017 | F | 692 | $38.61 | D | 32,543 | 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 option (right to buy)F2 | $38.60 | Sep 19, 2017 | A | 46,936 | A | — | Sep 19, 2027 | Common Stock | 46,936 | 46,936 | D |
Explanation of responses
- F1Represents shares withheld to cover taxes owed upon the vesting of 1,340 restricted stock units.
- F2The grant becomes exercisable in four equal annual installments beginning with the first anniversary of the date of grant.