SEC Form 4 · accession 0001179110-18-010610
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Robinson
Officer — CEO, Chairman and President · Director · 10% Owner
Period of report
Aug 14, 2018
Accepted (ET)
Aug 15, 2018 · 6:18 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,F2 | Aug 14, 2018 | S | 500 | $41.03 | D | 26,738 | I | sale made by and shares owned by son |
| Common StockF2 | holding | — | — | — | 24,132 | I | owned by another son | |
| Common StockF3 | holding | — | — | — | 4,359,832 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a sale of shares by the reporting person's son whose shares are included as indirectly owned by the reporting person.The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.02-$41.05, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The 26,738 shares owned by one son and 24,132 shares owned by another son are separately listed, but are also are included in the shares reported in column 5 as directly held and on exhibit 99.1.
- F3See exhibit 99.1