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SCHOLASTIC CORP — Director's Dealing 2024
Aug 7, 2024
32563_dirs_2024-08-07_d586995b-56b3-46a7-9b7b-ce901c5e08d1.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2023-08-16
Reporting Person: Polcari Elizabeth (N/A)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 26263 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $43.56 | 2025-09-21 | Common Stock (5149) | Direct | |
| Employee Stock Option (Right to Buy) | $38.60 | 2027-09-19 | Common Stock (8468) | Direct | |
| Employee Stock Option (Right to Buy) | $42.94 | 2028-09-25 | Common Stock (8540) | Direct | |
| Employee Stock Option (Right to Buy) | $20.63 | 2027-09-22 | Common Stock (19452) | Direct | |
| Employee Stock Option (Right to Buy) | $33.63 | 2028-09-22 | Common Stock (14194) | Direct | |
| Employee Stock Option (Right to Buy) | $42.28 | 2029-09-20 | Common Stock (13583) | Direct | |
| Restricted Stock Units | $ | 2024-09-01 | Common Stock (325) | Direct | |
| Restricted Stock Units | $ | 2025-09-01 | Common Stock (917) | Direct |
Footnotes
F1: Includes 5,420 Restricted Stock Units.
F2: The grant becomes exercisable in three equal annual installments beginning with the first anniversary of the date of grant.
F3: Represents Restricted Stock Units 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, 2021.
F4: Represents Restricted Stock Units 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.