SCHOLASTIC CORP — Director's Dealing 2015

Jul 29, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2015-07-27

Reporting Person: DAVIES JOHN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-27	Common Stock	S	900	$43.373	Disposed	14983	Direct
2015-07-27	Common Stock	M	100	$36.21	Acquired	15083	Direct
2015-07-27	Common Stock	S	100	$43.42	Disposed	14983	Direct
2015-07-27	Common Stock	M	100	$27.93	Acquired	15083	Direct
2015-07-27	Common Stock	S	100	$43.23	Disposed	14983	Direct
2015-07-27	Common stock	M	100	$24.54	Acquired	15083	Direct
2015-07-27	Common Stock	S	100	$43.28	Disposed	14983	Direct
2015-07-27	Common Stock	M	100	$25.61	Acquired	15083	Direct
2015-07-27	Common Stock	S	100	$43.24	Disposed	14983	Direct
2015-07-27	Common Stock	M	100	$26.73	Acquired	15083	Direct
2015-07-27	Common Stock	S	100	$43.24	Disposed	14983	Direct
2015-07-27	Common Stock	M	100	$33.39	Acquired	15083	Direct
2015-07-27	Common Stock	S	100	$43.181	Disposed	14983	Direct
2015-07-27	Common Stock	M	100	$30.56	Acquired	15083	Direct
2015-07-27	Common Stock	S	100	$43.15	Disposed	14983	Direct
2015-07-27	Common Shares	M	100	$36.41	Acquired	15083	Direct
2015-07-27	Common Shares	S	300	$43.237	Disposed	14983	Direct
2015-07-27	Common Stock	M	300	$30.08	Acquired	15083	Direct
2015-07-27	Common Stock	S	300	$43.23	Disposed	14983	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-27	Outside Director Stock Options	$36.21	M	100	Disposed	2017-09-19	Common Stock (100)	Direct
2015-07-27	Outside Director Stock Options	$27.93	M	100	Disposed	2018-09-24	Common Stock (100)	Direct
2015-07-27	Outside Director Stock Options	$24.54	M	100	Disposed	2019-09-23	Common Stock (100)	Direct
2015-07-27	Outside Director Stock Options	$25.61	M	100	Disposed	2020-09-22	Common Stock (100)	Direct
2015-07-27	Outside Director Stock Option	$26.73	M	100	Disposed	2021-09-21	Common Stock (100)	Direct
2015-07-27	Outside Director Stock Options	$33.39	M	100	Disposed	2022-09-18	Common Stock (100)	Direct
2015-07-27	Outside Director Stock Options	$30.56	M	100	Disposed	2023-09-18	Common Stock (100)	Direct
2015-07-27	Outside Director Stock Options	$36.41	M	300	Disposed	2015-09-21	Common Stock (300)	Direct
2015-07-27	Outside Director Stock Options	$30.08	M	300	Disposed	2016-09-20	Common Stock (300)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.10 to $43.76, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.11 to $43.41, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.00 to $43.37, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.