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SCHOLASTIC CORP — Director's Dealing 2022
Sep 6, 2022
32563_dirs_2022-09-06_f26e3db1-ae61-4fe5-b814-35474b14d216.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: 2022-09-01
Reporting Person: Cleary Kenneth J (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-01 | Restricted Stock Units | $0 | M | 9861 | Acquired | 2025-09-01 | Common Stock (9861) | Direct |
Footnotes
F1: Acquired under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus to be converted into shares of Common Stock on a one-for-one basis upon expiration of the deferral period selected by the reporting person. Vests on the third anniversary of the award date. Price is equal to 75% of the lowest closing price for the underlying Common Stock during the quarter ended August 31, 2022.
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