SCHOLASTIC CORP — Director's Dealing 2016

Sep 23, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2016-09-21

Reporting Person: Young David John (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-21	Common Stock	A	1089	$38.56	Acquired	1907	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-21	Outside Director stock option (right to buy)	$38.56	A	2112	Acquired	2026-09-21	Common Stock (2112)	Direct

Footnotes

F1: Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 21, 2017 or the date of the Company's 2017 annual stockholder meeting.

F2: The stock options are scheduled to vest on the earlier of September 21, 2017 or the date of the Company's 2017 annual stockholder meeting.