SCHOLASTIC CORP — Director's Dealing 2021

Sep 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2021-09-07

Reporting Person: HEDDEN ANDREWS S (EVP, General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-07	Common Stock	M	1568	$34.33	Acquired	55653	Direct
2021-09-07	Common Stock	F	628	$34.33	Disposed	55025	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-07	Restricted Stock Units	$	M	1568	Disposed	2021-09-07	Common Stock (1568)	Direct

Footnotes

F1: Restricted stock units ("RSUs") acquired by the reporting person on 9/4/2018 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/7/2021, the first business day after vesting. The RSU price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2018.