SEC Form 4 · accession 0001179110-18-006639
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan J Boyko
Officer — President, Schl Book Fairs
Period of report
May 9, 2018
Accepted (ET)
May 11, 2018 · 4:13 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 | May 9, 2018 | M | 8,853 | $30.17 | A | 46,099 | D | |
| Common StockF1 | May 9, 2018 | S | 8,853 | $43.00 | D | 37,246 | D | |
| Common StockF2 | holding | — | — | — | 4,638 | I | In 401(k)Plan |
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)F3 | $30.17 | May 9, 2018 | M | 8,853 | D | — | Sep 17, 2023 | Common Stock | 8,853 | 5,823 | D |
Explanation of responses
- F1Sales were made pursuant to a 10b5-1 plan.
- F2Includes an increase of 173 shares in the 401(k) Plan since the last report relating to the 401(k) Plan.
- F3Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant