Margaret A. Williams - Sep 21, 2021 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
Director
Signature
Margaret A. Williams, by Teresa M. Connelly, Attorney-in-fact
Stock symbol
SCHL
Transactions as of
Sep 21, 2021
Transactions value $
-$14
Form type
4
Date filed
9/22/2021, 04:19 PM
Next filing
Sep 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Options Exercise $80.2K +3K +20.01% $26.73 18K Sep 21, 2021 Direct F1
transaction SCHL Common Stock Tax liability -$80.2K -2.43K -13.48% $33.06 15.6K Sep 21, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCHL Outside Director Stock Options (right to buy) Options Exercise $0 -3K -100% $0.00* 0 Sep 21, 2021 Common Stock 3K $26.73 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were auto-exercised on the day of expiration and net shares were received for the gain on exercise.