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SCHOLASTIC CORP — Director's Dealing 2019
Sep 5, 2019
32563_dirs_2019-09-05_352341b6-8ae6-430e-a687-df0181c036df.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2019-09-03
Reporting Person: ROBINSON RICHARD (Director, CEO, Chairman and President, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-09-03 | Common Stock | M | 28514 | $35.09 | Acquired | 3992411 | Direct |
| 2019-09-03 | Common Stock | F | 12988 | $35.09 | Disposed | 3979423 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-09-03 | Restricted Stock Units | $ | M | 28514 | Disposed | 2019-09-03 | Common Stock (28514) | Direct |
Footnotes
F1: Restricted stock units ("RSUs") acquired by the reporting person on 9/1/2015 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/3/2019, the first business day following expiration of the deferral period selected by the reporting person. RSU price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2015.
F2: Includes an increase of 999 shares in the 401(k) Plan since the last report.
F3: See Exhibit 99.1