SCHOLASTIC CORP — Director's Dealing 2016

Dec 14, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2016-12-12

Reporting Person: Lucchese Iole (EVP, Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-12	Common Stock	M	2720	$33.60	Acquired	29412	Direct
2016-12-12	Common Stock	F	1965	$46.53	Disposed	27447	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-12	Employee stock option (right to buy)	$33.60	M	2720	Disposed	2016-12-12	Common Stock (2720)	Direct

Footnotes

F1: Reflects the auto-exercise of employee stock options upon expiration.

F2: Reflects shares removed to cover taxes upon the auto-exercise of stock options.

F3: Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.