SCHOLASTIC CORP — Director's Dealing 2011

Oct 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2011-10-07

Reporting Person: OCONNELL MAUREEN (EVP, CAO & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-07	Common Stock	A	13840	$28.18	Acquired	59049	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-07	Employeee Stock Option (right to buy)	$28.18	A	27837	Acquired	2021-10-07	Common Stock (27837)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25	Indirect

Footnotes

F1: The grant becomes exercisable in four equal installments beginning with the first anniversary of the date of grant.