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Filing Details

Accession Number:: 0001179110-17-006197
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-04-25 18:42:03
Reporting Period:: 2017-04-21

Filing Date:: 2017-04-25
Accepted Time:: 2017-04-25 18:42:03
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Stock	Acquisiton	2017-04-21	14,865	$36.21	4,363,261	No	4	M	Direct
Class A Stock	Disposition	2017-04-21	14,865	$36.21	4,348,396	No	4	J	Direct
Common Stock	Acquisiton	2017-04-21	14,865	$36.21	4,363,261	No	4	J	Direct
Common Stock	Disposition	2017-04-21	14,865	$43.83	4,348,396	No	4	S	Direct
Class A Stock	Acquisiton	2017-04-21	6,467	$36.21	4,354,863	No	4	M	Direct
Class A Stock	Disposition	2017-04-21	6,467	$36.21	4,348,396	No	4	J	Direct
Common Stock	Acquisiton	2017-04-21	6,467	$36.21	4,354,863	No	4	J	Direct
Common Stock	Disposition	2017-04-21	6,467	$43.76	4,348,396	No	4	S	Direct
Class A Stock	Acquisiton	2017-04-24	3,510	$27.93	4,351,906	No	4	M	Direct
Class A Stock	Disposition	2017-04-24	3,510	$27.93	4,348,396	No	4	J	Direct
Common Stock	Acquisiton	2017-04-24	3,510	$27.93	4,351,906	No	4	J	Direct
Common Stock	Disposition	2017-04-24	3,510	$43.71	4,348,396	No	4	S	Direct
Class A Stock	Acquisiton	2017-04-25	73,839	$27.93	4,422,235	No	4	M	Direct
Class A Stock	Disposition	2017-04-25	73,839	$27.93	4,348,396	No	4	J	Direct
Common Stock	Acquisiton	2017-04-25	73,839	$27.93	4,422,235	No	4	J	Direct
Common Stock	Disposition	2017-04-25	73,839	$43.48	4,348,396	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	M	Direct
No	4	J	Direct
No	4	J	Direct
No	4	S	Direct
No	4	M	Direct
No	4	J	Direct
No	4	J	Direct
No	4	S	Direct
No	4	M	Direct
No	4	J	Direct
No	4	J	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Stock	Employee Stock Option (right to buy)	Disposition	2017-04-21	21,332	$0.00	21,332	$36.21
Class A Stock	Employee stock option (right to buy)	Disposition	2017-04-24	3,510	$0.00	3,510	$27.93
Class A Stock	Employee Stock Option (right to buy)	Disposition	2017-04-25	73,839	$0.00	73,839	$27.93

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
125,000	2017-09-19	No	4	M	Direct
246,490	2018-09-24	No	4	M	Direct
172,651	2018-09-24	No	4	M	Direct

Footnotes

Represents the exercise of stock options due to expire on September 19, 2017.
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 $43.79-$44.00, 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 $43.70-$43.81, 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.
Represents the exercise of stock options due to expire on September 24, 2018.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.70-$43.74, 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 $43.40-$43.51, 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.
Includes 742 shares purchased by the reporting person since the last filing under the Scholastic Corporation 401(k)Plan.
See Exhibit 99.1.
Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.