Iole Lucchese - 22 Sep 2021 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role: EVP, Chief Strategy Officer, Director
Signature: Iole Lucchese, by Teresa M. Connelly, Attorney-in-fact
Issuer symbol: SCHL
Transactions as of: 22 Sep 2021
Transactions value $: $241,632
Form type: 4
Date filed: 24 Sep 2021, 16:33
Previous filing: 21 Sep 2021
Next filing: 29 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCHL	Common Stock	Award	$300K	+8.92K	+19.16%	$33.63	55.5K	22 Sep 2021	Direct
transaction	SCHL	Common Stock	Tax liability	-$58.3K	-1.74K	-3.13%	$33.63	53.7K	22 Sep 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	Employee stock option (right to buy)	Award	$0	+25.8K		$0.00	25.8K	22 Sep 2021	Common Stock	25.8K	$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 shares withheld to cover taxes owed upon the vesting of 4,847 restricted stock units
F2	The grant becomes exercisable in three equal annual installments beginning with the first anniversary of the date of grant.