SCHOLASTIC CORP — Director's Dealing 2022

Aug 17, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2022-08-15

Reporting Person: Quinton Sasha (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-08-15	Common Stock	S	1029	$47.297	Disposed	26026	Direct
2022-08-15	Common Stock	M	5675	$26.51	Acquired	31701	Direct
2022-08-15	Common Stock	S	5675	$47.307	Disposed	26026	Direct
2022-08-15	Common Stock	M	500	$20.63	Acquired	26526	Direct
2022-08-15	Common Stock	S	500	$47.20	Disposed	26026	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-08-15	Employee stock options	$26.51	M	5675	Disposed	2030-03-17	Common Stock (5675)	Direct
2022-08-15	Employee stock options	$20.63	M	500	Disposed	2027-09-22	Common Stock (500)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.20-47.26 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.20-47.50 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 (2) to this Form 4

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