Filing Details

Accession Number:
0001179110-18-005389
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-04-04 16:12:13
Reporting Period:
2018-04-02
Accepted Time:
2018-04-04 16:12:13
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
Class A Stock Acquisiton 2018-04-02 3,405 $27.93 4,358,433 No 4 M Direct
Class A Stock Disposition 2018-04-02 3,405 $27.93 4,355,028 No 4 J Direct
Common Stock Acquisiton 2018-04-02 3,405 $27.93 4,358,433 No 4 J Direct
Common Stock Disposition 2018-04-02 3,405 $38.55 4,355,028 No 4 S Direct
Class A Stock Acquisiton 2018-04-03 5,364 $27.93 4,360,392 No 4 M Direct
Class A Stock Disposition 2018-04-03 5,364 $27.93 4,355,028 No 4 J Direct
Common Stock Acquisiton 2018-04-03 5,364 $27.93 4,360,392 No 4 J Direct
Common Stock Disposition 2018-04-03 5,364 $38.40 4,355,028 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 J Direct
No 4 J Direct
No 4 S Direct
No 4 M Direct
No 4 J Direct
No 4 J Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Stock Employee Stock Option (right to buy) Disposition 2018-04-02 3,405 $0.00 3,405 $27.93
Class A Stock Employee stock option (right to buy) Disposition 2018-04-03 5,364 $0.00 5,364 $27.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
168,046 2018-09-24 No 4 M Direct
162,682 2018-09-24 No 4 M Direct
Footnotes
  1. Represents the exercise of stock options due to expire on September 24, 2018.
  2. Represents the conversion of Class A Stock to Common Stock.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.55-$38.56, 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 (3) to this Form 4.
  4. See Exhibit 99.1 for a summary of holdings.
  5. Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.