SEC Form 4 · accession 0001179110-17-012603
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David John Young
Director
Period of report
Sep 20, 2017
Accepted (ET)
Sep 22, 2017 · 4:21 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 20, 2017 | A | 1,398 | $38.61 | A | 3,305 | D |
Table II — derivative securities
| 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)F2 | $38.61 | Sep 20, 2017 | A | 3,124 | A | — | Sep 20, 2027 | Common Stock | 3,124 | 3,124 | D |
Explanation of responses
- F1Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 20, 2018 or the date of the Company's 2018 annual stockholder meeting.
- F2The stock options are scheduled to vest on the earlier of September 20, 2018 or the date of the Company's 2018 annual stockholder meeting.