S. Hedden - Sep 22, 2021 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
EVP, General Counsel
Signature
Andrew S. Hedden, by Teresa M. Connelly, Attorney-in-fact
Stock symbol
SCHL
Transactions as of
Sep 22, 2021
Transactions value $
$126,987
Form type
4
Date filed
9/24/2021, 04:38 PM
Previous filing
Sep 21, 2021
Next filing
Sep 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Award $165K +4.91K +8.96% $33.63 59.7K Sep 22, 2021 Direct
transaction SCHL Common Stock Tax liability -$38K -1.13K -1.89% $33.63 58.5K 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 Employee stock option (right to buy) Award $0 +14.2K $0.00 14.2K Sep 22, 2021 Common Stock 14.2K $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 2,666 restricted stock units
F2 The grant becomes exercisable in three equal annual installments beginning with the first anniversary of the date of grant.