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SCHOLASTIC CORP — Director's Dealing 2011
Sep 6, 2011
32563_dirs_2011-09-06_ad09f235-58f6-43c9-834a-87782d44dab5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2011-09-01
Reporting Person: NEWMAN JUDITH (EVP, President Book Clubs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-09-01 | Common Stock | M | 6836 | $26.85 | Acquired | 36276 | Direct |
| 2011-09-01 | Common Stock | F | 2377 | $26.85 | Disposed | 33899 | Direct |
| 2011-09-01 | Common Stock | M | 813 | $26.85 | Acquired | 34712 | Direct |
| 2011-09-01 | Common Stock | F | 283 | $26.85 | Disposed | 34429 | Direct |
| 2011-09-02 | Common Stock | M | 2267 | $25.89 | Acquired | 36696 | Direct |
| 2011-09-02 | Common Stock | F | 789 | $25.89 | Disposed | 35907 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-09-01 | Restricted Stock Units | $ | M | 6836 | Disposed | 2011-09-01 | Common Stock (6836) | Direct |
| 2011-09-01 | Restricted Stock Units | $ | M | 813 | Disposed | 2011-09-01 | Common Stock (813) | Direct |
| 2011-09-02 | Restricted Stock Units | $ | M | 2267 | Disposed | 2011-09-02 | Common Stock (2267) | Direct |
Footnotes
F1: Restricted stock units ("RSUs") acquired by the reporting person on 9/1/2002 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/1/2011 upon expiration of the deferral period selected by the reporting person. RSU price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2002.
F2: Restricted stock units ("RSUs") acquired by the reporting person on 9/1/2001 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/1/2011 upon expiration of the deferral period selected by the reporting person. RSU price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2001.
F3: Restricted stock units ("RSUs") acquired by the reporting person on 9/2/2008 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/2/2011 upon expiration of the deferral period selected by the reporting person. RSU price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2008.