SCHOLASTIC CORP — Director's Dealing 2018

May 11, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2018-05-09

Reporting Person: Boyko Alan J (President, Schl Book Fairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-09	Common Stock	M	8853	$30.17	Acquired	46099	Direct
2018-05-09	Common Stock	S	8853	$43.00	Disposed	37246	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-09	Employee Stock Option (right to buy)	$30.17	M	8853	Disposed	2023-09-17	Common Stock (8853)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4638	Indirect

Footnotes

F1: Sales were made pursuant to a 10b5-1 plan.

F2: Includes an increase of 173 shares in the 401(k) Plan since the last report relating to the 401(k) Plan.

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