SCHOLASTIC CORP — Director's Dealing 2011

Sep 29, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2011-09-27

Reporting Person: JEMISON MAE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-27	Common Stock	M	1200	$24.54	Acquired	8204	Direct
2011-09-27	Common Stock	S	1200	$28.70	Disposed	7004	Direct
2011-09-28	Common Stock	M	1800	$24.54	Acquired	8804	Direct
2011-09-28	Common Stock	S	1800	$28.70	Disposed	7004	Direct
2011-09-28	Common Stock	M	3000	$25.61	Acquired	10004	Direct
2011-09-28	Common Stock	S	3000	$28.70	Disposed	7004	Direct
2011-09-28	Common Stock	S	2400	$28.70	Disposed	4604	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-27	Outside Director Stock Options	$24.54	M	1200	Disposed	2019-09-23	Common Stock (1200)	Direct
2011-09-27	Outside director stock options	$24.54	M	1800	Disposed	2019-09-23	Common Stock (1800)	Direct
2011-09-28	Outside director stock options	$25.61	M	3000	Disposed	2020-09-22	Common Stock (3000)	Direct