SCHOLASTIC CORP — Director's Dealing 2015

Dec 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2015-12-16

Reporting Person: Young David John (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-16	Common Stock	A	818	—	Acquired	818	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-12-16	Outside Director stock option (right to buy)	$41.05	A	1464	Acquired	2026-12-16	Common Stock (1464)	Direct

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 December 16, 2016 or the date of the Company's 2016 annual stockholder meeting.

F2: The stock options are scheduled to vest on the earlier of December 16, 2016 or the date of the Company's 2016 annual stockholder meeting.