Filing Details

Accession Number:
0001179110-16-033317
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-20 17:26:29
Reporting Period:
2016-12-19
Filing Date:
2016-12-20
Accepted Time:
2016-12-20 17:26:29
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
1111318 Maureen Oconnell C/O Corp. Secretary- Scholastic Corp
557 Broadway
New York NY 10012
Evp, Cao & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-12-19 11,645 $30.17 57,799 No 4 M Direct
Common Stock Disposition 2016-12-19 11,645 $48.02 46,154 No 4 S Direct
Common Stock Acquisiton 2016-12-19 11,597 $33.87 57,751 No 4 M Direct
Common Stock Disposition 2016-12-19 11,597 $48.01 46,154 No 4 S Direct
Common Stock Disposition 2016-12-19 5,479 $47.97 40,675 No 4 S Direct
Common Stock Disposition 2016-12-19 25 $48.00 40,650 No 4 S Indirect By son, as custodian
Common Stock Disposition 2016-12-20 4,521 $48.32 36,129 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect By son, as custodian
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2016-12-19 11,645 $0.00 11,645 $30.17
Common Stock Employee stock option (right to buy) Disposition 2016-12-19 11,597 $0.00 11,597 $33.87
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,645 2023-09-17 No 4 M Direct
30,791 2024-09-23 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.00 to $48.14, 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 (1) to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.00 to $48.12, 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 (2) to this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.95 to $48.00, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.00 to $48.53, 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.
  5. Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.