Margaret A. Williams - 19 Sep 2022 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
Director
Signature
Margaret A. Williams, by Teresa M. Connelly, Esq., Attorney-in-fact
Issuer symbol
SCHL
Transactions as of
19 Sep 2022
Net transactions value
-$34.05
Form type
4
Filing time
20 Sep 2022, 17:33:59 UTC
Previous filing
24 Sep 2021
Next filing
20 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Options Exercise $100,738 +3,017 +17% $33.39 20,400 19 Sep 2022 Direct F1
transaction SCHL Common Stock Tax liability $100,772 -2,384 -12% $42.27 18,016 19 Sep 2022 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 -3,017 -100% $0.000000* 0 19 Sep 2022 Common Stock 3,017 $33.39 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.