SEC Form 4 · accession 0001179110-17-015373
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth J Cleary
Officer — SVP, Chief Accounting Officer
Period of report
Dec 12, 2017
Accepted (ET)
Dec 14, 2017 · 4:26 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 StockF1 | Dec 12, 2017 | A | 1,785 | $42.02 | A | 7,380 | 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 | $42.02 | Dec 12, 2017 | A | 15,652 | A | — | Dec 12, 2027 | Common Stock | 15,652 | 15,652 | D |
Explanation of responses
- F1Includes 69 shares purchased by the reporting person since the last filing under the Scholastic Corporation Employee Stock Purchase Plan.
- F2The grant becomes exercisable in four equal annual installments beginning with the first anniversary of the date of grant.