Filing Details
- Accession Number:
- 0001179110-17-015735
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-12-20 18:39:12
- Reporting Period:
- 2017-12-18
- Accepted Time:
- 2017-12-20 18:39:12
- 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 | Disposition | 2017-12-18 | 3,500 | $40.33 | 27,238 | No | 4 | S | Indirect | sale made by and shares owned by son |
| Common Stock | Disposition | 2017-12-18 | 697 | $40.11 | 4,364,236 | No | 5 | J | Direct | |
| Common Stock | Disposition | 2017-12-18 | 680 | $0.00 | 4,364,236 | No | 5 | G | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | sale made by and shares owned by son |
| No | 5 | J | Direct | |
| No | 5 | G | Direct |
Footnotes
- Represents a sale of shares by the reporting person's son whose shares are included as indirectly owned by the reporting person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.30-$40.36, 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 (2) to this Form 4.
- The 27,238 shares are included in the 4,364,236 shares reported in column 5 and on exhibit 99.1.
- Represents the sale of shares under a mandatory required distribution in the 401(k) Plan.
- Includes an increase in number of shares in the 401(k) Plan since the last report relating to the 401(k) Plan.
- Represents a gift of 340 shares to each of his sons, which shares continue to be deemed beneficially owned by the reporting person.
- See Exhibit 99.1.
Billionaire Hedge Funds
