SCHOLASTIC CORP - Director's Dealing 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2017-01-17

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

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-17	Class A Stock	M	400	$36.21	Acquired	4348054	Direct
2017-01-17	Class A Stock	J	400	$36.21	Disposed	4347654	Direct
2017-01-17	Common Stock	J	400	$36.21	Acquired	4348054	Direct
2017-01-17	Common Stock	S	400	$46.25	Disposed	4347654	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-17	Employee Stock Option (right to buy)	$36.21	M	400	Disposed	2017-09-19	Class A Stock (400)	Direct

F1: Represents the exercise of stock options due to expire on September 19, 2017.

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 after the date of grant.