Filing Details

Accession Number:
0001179110-14-001310
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-01-23 16:38:19
Reporting Period:
2014-01-21
Filing Date:
2014-01-23
Accepted Time:
2014-01-23 16:38:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
866729 Scholastic Corp SCHL Books: Publishing Or Publishing & Printing (2731) 133385513
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
903959 Richard Robinson C/O Corporate Secretary, Scholastic Corp
557 Broadway
New York NY 10012
Ceo, Chairman And President Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-01-21 200,000 $19.33 4,579,370 No 4 M Direct
Common Stock Disposition 2014-01-21 200,000 $34.04 4,379,370 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2014-01-21 200,000 $0.00 200,000 $19.33
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,000 2019-07-22 No 4 M Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.50 to $34.49 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation 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.
  2. Reflects the following non-reportable transactions since his last form 4 filing (a) gift of 13,770 shares to his sons; (b) a gift of 10,000 shares to the Richard Robinson Charitable foundation and (c) a minimum required distribution of 372 shares from his 401(k) account.
  3. See Exhibit 99.1
  4. Employee stock options vest ratably over a four year period begining with the first anniversary after the date of grant.