SCHOLASTIC CORP - Director's Dealing 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2015-08-12

Reporting Person: ROBINSON RICHARD (Director, CEO, Chairman and President, 10% Owner)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-12	Class A Stock	M	19500	$36.41	Acquired	4513654	Direct
2015-08-12	Class A Stock	J	19500	$36.41	Disposed	4494154	Direct
2015-08-12	Common Stock	J	19500	$36.41	Acquired	4513654	Direct
2015-08-12	Common Stock	S	1500	$41.74	Disposed	4512154	Direct
2015-08-12	Common Stock	S	1500	$41.79	Disposed	4510654	Direct
2015-08-12	Common Stock	S	1500	$41.84	Disposed	4509154	Direct
2015-08-12	Common Stock	S	1500	$41.94	Disposed	4507654	Direct
2015-08-12	Common Stock	S	1500	$41.89	Disposed	4506154	Direct
2015-08-12	Common Stock	S	1500	$41.99	Disposed	4504654	Direct
2015-08-12	Common Stock	S	1500	$42.14	Disposed	4503154	Direct
2015-08-12	Common Stock	S	1500	$42.19	Disposed	4501654	Direct
2015-08-12	Common Stock	S	1500	$42.04	Disposed	4500154	Direct
2015-08-12	Common Stock	S	1500	$42.24	Disposed	4498654	Direct
2015-08-12	Common Stock	S	1500	$42.29	Disposed	4497154	Direct
2015-08-12	Common Stock	S	1500	$42.34	Disposed	4495654	Direct
2015-08-12	Common Stock	S	1500	$42.61	Disposed	4494154	Direct
2015-08-13	Class A Stock	M	16438	$36.41	Acquired	4510592	Direct
2015-08-13	Class A Stock	J	16438	$36.41	Disposed	4494154	Direct
2015-08-13	Common Stock	J	16438	$36.41	Acquired	4510592	Direct
2015-08-13	Common Stock	S	5000	$43.06	Disposed	4505592	Direct
2015-08-13	Common Stock	S	5000	$43.11	Disposed	4500592	Direct
2015-08-13	Common Stock	S	1438	$43.16	Disposed	4499154	Direct
2015-08-13	Common Stock	S	2000	$43.01	Disposed	4497154	Direct
2015-08-13	Common Stock	S	3000	$43.09	Disposed	4494154	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-12	Employee Stock Option (right to buy)	$36.41	M	19500	Disposed	2015-09-21	Class A Stock (19500)	Direct
2015-08-13	Employee Stock Option (right to buy)	$36.41	M	16438	Disposed	2015-09-21	Common Stock (16438)	Direct

F1: Represents the exercise of stock options due to expire on September 21, 2015.

F2: Represents the conversion of Class A Stock to Common Stock.

F3: See Exhibit 99.1

F4: Employee stock options vest ratably over a four year period beginning with the first anniversary of the date of grant.