SCHOLASTIC CORP - Director's Dealing 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2015-07-28

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-28	Class A Stock	M	9396	$36.41	Acquired	4503550	Direct
2015-07-28	Class A Stock	J	9396	$36.41	Disposed	4494154	Direct
2015-07-28	Common Stock	J	9396	$36.41	Acquired	4503550	Direct
2015-07-28	Common Stock	S	9396	$42.98	Disposed	4494154	Direct
2015-07-29	Class A Stock	M	4004	$36.41	Acquired	4498158	Direct
2015-07-29	Class A Stock	J	4004	$36.41	Disposed	4494154	Direct
2015-07-29	Common Stock	J	4004	$36.41	Acquired	4498158	Direct
2015-07-29	Common Stock	S	4004	$42.98	Disposed	4494154	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-28	Emmployee Stock Option (right to buy)	$36.41	M	9396	Disposed	2015-09-21	Class A Stock (9396)	Direct
2015-07-29	Employee Stock Options (right to buy)	$36.41	M	4004	Disposed	2015-09-21	Class A Stock (4004)	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.