SCHOLASTIC CORP — Director's Dealing 2014

Sep 26, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2014-09-24

Reporting Person: SPAULDING RICHARD METCALF (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-24	Common Stock	A	1252	—	Acquired	12647	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-24	Outside Director stock option (right to buy)	$33.53	A	2308	Acquired	2024-09-24	Common Stock (2308)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	142158	Indirect

Footnotes

F1: Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 24, 2015 or the date of the Company's 2015 annual stockholder meeting.

F2: The stock options are scheduled to vest on the earlier of September 24, 2015 or the date of the Company's 2015 annual stockholder meeting.