SCHOLASTIC CORP — Director's Dealing 2014

Aug 12, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2014-08-08

Reporting Person: MCDONALD JOHN G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-08	Common Stock	M	6000	$29.49	Acquired	28881	Direct
2014-08-08	Common Stock	S	6000	$35.536	Disposed	22881	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-08	Outside Director Stock Options	$29.49	M	6000	Disposed	2014-09-22	Common Stock (6000)	Direct

Footnotes

F1: Represents the exercise of non-qualified stock options under the Scholastic Corporation Outside Directors Stock Option Plan, all of which are scheduled to expire on September 22, 2014.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions with all prices ranging from $35.39 to $35.69 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.