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SCHOLASTIC CORP Director's Dealing 2013

Sep 6, 2013

32563_dirs_2013-09-05_72dc45b9-25db-48bf-b3f5-1fcdd9c07a5b.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: 2013-09-03

Reporting Person: NEWMAN JUDITH (EVP, Pres., Bk Clubs & E-comm.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-09-03 Common Stock M 1497 $30.63 Acquired 42186 Direct
2013-09-03 Common Stock F 519 $30.63 Disposed 41667 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-09-03 Restricted Stock Units $ M 1497 Disposed 2013-09-01 Common Stock (1497) Direct

Footnotes

F1: Restricted stock units ("RSUs") acquired by the reporting person on 9/1/05 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/3/13, the first business day following 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, 2005.