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

Role
Director
Signature
Margaret A. Williams, by Teresa M. Connelly, Esq., Attorney-in-fact
Stock symbol
SCHL
Transactions as of
Sep 19, 2022
Transactions value $
-$34
Form type
4
Date filed
9/20/2022, 05:33 PM
Previous filing
Sep 24, 2021
Next filing
Sep 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Options Exercise $101K +3.02K +17.36% $33.39 20.4K Sep 19, 2022 Direct F1
transaction SCHL Common Stock Tax liability -$101K -2.38K -11.69% $42.27 18K Sep 19, 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 -3.02K -100% $0.00* 0 Sep 19, 2022 Common Stock 3.02K $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.