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Filing Details

Accession Number:: 0001104659-15-055470
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-08-03 20:39:35
Reporting Period:: 2015-07-30

Filing Date:: 2015-08-03
Accepted Time:: 2015-08-03 20:39:35
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
866729	Scholastic Corp	SCHL	Books: Publishing Or Publishing & Printing (2731)	133385513

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
903959	Richard Robinson	C/O Corporate Secretary, Scholastic Corp 557 Broadway New York NY 10012	Ceo, Chairman And President	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Stock	Acquisiton	2015-07-30	35,000	$36.41	4,529,154	No	4	M	Direct
Class A Stock	Disposition	2015-07-30	35,000	$36.41	4,494,154	No	4	J	Direct
Common Stock	Acquisiton	2015-07-30	35,000	$36.41	4,529,154	No	4	J	Direct
Common Stock	Disposition	2015-07-30	5,000	$42.96	4,524,154	No	4	S	Direct
Common Stock	Disposition	2015-07-30	5,000	$43.05	4,519,154	No	4	S	Direct
Common Stock	Disposition	2015-07-30	10,000	$43.00	4,509,154	No	4	S	Direct
Common Stock	Disposition	2015-07-30	5,000	$43.11	4,504,154	No	4	S	Direct
Common Stock	Disposition	2015-07-30	5,000	$43.06	4,499,154	No	4	S	Direct
Common Stock	Disposition	2015-07-30	5,000	$43.15	4,494,154	No	4	S	Direct
Class A Stcok	Acquisiton	2015-07-31	19,582	$36.41	4,513,736	No	4	M	Direct
Class A Stcok	Disposition	2015-07-31	19,582	$36.41	4,494,154	No	4	J	Direct
Common Stock	Acquisiton	2015-07-31	19,582	$36.41	4,513,736	No	4	J	Direct
Common Stock	Disposition	2015-07-31	8,000	$42.99	4,505,736	No	4	S	Direct
Common Stock	Disposition	2015-07-31	3,582	$43.09	4,502,154	No	4	S	Direct
Common Stock	Disposition	2015-07-31	8,000	$43.07	4,494,154	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	J	Direct
No	4	J	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	J	Direct
No	4	J	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Stock	Employee Stock Options (right to buy)	Disposition	2015-07-30	35,000	$0.00	35,000	$36.41
Class A Stock	Employee Stock Options (right to buy)	Disposition	2015-07-31	19,582	$0.00	19,582	$36.41

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
284,600		2015-09-21	No	4	M	Direct
265,018		2015-09-21	No	4	M	Direct

Footnotes

Represents the exercise of stock options due to expire on September 21, 2015.
Represents the conversion of Class A Stock to Common Stock.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.95 to $42.98, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (3) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.04 to $43.10, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (4) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.99 to $43.07, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (5) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.09 to $43.15, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (6) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.06 to $43.10, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (7) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.14 to $43.16, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (8) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.09 to $43.10 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (9) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.06 to $43.09, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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 (10) to this Form 4.
See Exhibit 99.1.
Employee stock options vest ratably over a four year period beginning with the first anniversary of the date of grant.