SCHOLASTIC CORP — Director's Dealing 2012

Jul 16, 2012

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2012-05-31

Reporting Person: ROBINSON RICHARD (Director, CEO, Chairman and President, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-08	Employee stock options (right-to-buy)	$22.81	G	62500	Acquired	2020-08-27	Common Stock (62500)	Indirect
2011-12-08	Employee stock options (right-to-buy)	$19.33	G	125000	Acquired	2019-07-22	Common Stock (125000)	Indirect
2011-12-08	Employee Stock options (right to buy)	$22.81	G	62500	Disposed	2020-08-27	Common Stock (62500)	Direct
2011-12-08	Employee Stock options (right to buy)	$19.33	G	125000	Disposed	2019-07-22	Common Stock (125000)	Direct

Footnotes

F1: Stock options vest in 25% increments beginning on the first anniversary from the date of grant.

F2: On December 8, 2011, the reporting person contributed 187,500 non-qualified stock options of Schoalstic Corporation to a grantor retained annuity trust for the benefit of himself.