SCHOLASTIC CORP — Director's Dealing 2015

Sep 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2015-09-01

Reporting Person: NEWMAN JUDITH (EVP, President, Book Clubs)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-09-01	Restricted Stock Units	$	A	3885	Acquired	2018-09-01	Common Stock (3885)	Direct

Footnotes

F1: Acquired under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus; to be converted into shares of Common Stock on a one-for-one basis upon expiration of the deferral period selected by the reporting person. Vests on third anniversary of the award date. Price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2015.