SCHOLASTIC CORP — Director's Dealing 2018

Aug 16, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2018-08-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-14	Common Stock	S	500	$41.03	Disposed	26738	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24132	Indirect
Common Stock	4359832	Direct

Footnotes

F1: Represents a sale of shares by the reporting person's son whose shares are included as indirectly owned by the reporting person.The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.02-$41.05, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock 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 26,738 shares owned by one son and 24,132 shares owned by another son are separately listed, but are also are included in the shares reported in column 5 as directly held and on exhibit 99.1.

F3: See exhibit 99.1