SCHOLASTIC CORP — Director's Dealing 2014

Aug 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2014-07-30

Reporting Person: JEMISON MAE (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-30	Common Stock	M	287	$29.49	Acquired	7522	Direct
2014-07-30	Common Stock	S	287	$36.20	Disposed	7235	Direct
2014-07-31	Common Stock	M	5713	$29.49	Acquired	12948	Direct
2014-07-31	Common Stock	S	5713	$35.58	Disposed	7235	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-30	Outside Director Stock Options	$29.49	M	287	Disposed	2014-09-22	Common Stock (287)	Direct
2014-07-31	Outside Director Stock Options	$29.49	M	5713	Disposed	2014-09-22	Common Stock (5713)	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.