SEC Form 4 · accession 0001179110-17-012570
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Iole Lucchese
Officer — EVP, Chief Strategy Officer
Period of report
Sep 19, 2017
Accepted (ET)
Sep 21, 2017 · 5:39 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 | 2,720 | $38.60 | A | 29,973 | D | |
| Common StockF1 | Sep 20, 2017 | F | 232 | $38.61 | D | 29,741 | 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 | 23,468 | A | — | Sep 19, 2027 | Common Stock | 23,468 | 23,468 | D |
Explanation of responses
- F1Represents shares withheld to cover taxes owed upon the vesting of 670 restricted stock units.
- F2The grant becomes exercisable in four equal annual installments beginning with the first anniversary of the date of grant.