SEC Form 4 · accession 0001179110-18-011708
SCHOLASTIC CORP · SCHL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mary Beech
Director
Period of report
Sep 26, 2018
Accepted (ET)
Sep 28, 2018 · 4:09 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 26, 2018 | A | 1,253 | $43.07 | A | 1,253 | 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 | $43.07 | Sep 26, 2018 | A | 2,681 | A | — | Sep 26, 2028 | Common Stock | 2,681 | 2,681 | 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 26, 2019 or the date of the Company's 2019 annual stockholder meeting.
- F2The stock options are scheduled to vest on the earlier of September 26, 2019 or the date of the Company's 2019 annual stockholder meeting.