Mary Beech - Sep 22, 2021 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
Director
Signature
Mary Beech, by Teresa M. Connelly, Attorney-in-fact
Stock symbol
SCHL
Transactions as of
Sep 22, 2021
Transactions value $
$59,996
Form type
4
Date filed
9/24/2021, 04:27 PM
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Award $60K +1.78K +33.91% $33.63 7.05K Sep 22, 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 option (right to buy) Award $0 +4.42K $0.00 4.42K Sep 22, 2021 Common Stock 4.42K $33.63 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 22, 2022 or the date of the Company's 2022 annual stockholder meeting.
F2 The stock options are scheduled to vest on the earlier of September 22, 2022 or the date of the Company's 2022 annual stockholder meeting.