SCHOLASTIC CORP - Director's Dealing 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2015-09-21

Reporting Person: NEWMAN JUDITH (EVP, Pres., Bk Clubs)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-09-21	Common Stock	F	419	$43.56	Disposed	22437	Direct
2015-09-21	Common Stock	F	739	$43.56	Disposed	21698	Direct
2015-09-21	Common Stock	A	2410	$43.56	Acquired	24108	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-09-21	Employee Stock option (right to buy)	$43.56	A	15972	Acquired	2025-09-21	Common Stock (15972)	Direct

F1: Represents shares withheld to cover taxes owed upon the vesting of 850 restricted stock units.

F2: Represents shares withheld to cover taxes owed upon the vesting of 1,500 restricted stock units.

F3: The grant becomes exercisable in four equal installments beginning with the first anniversary of the date of grant.