JAMES W. BARGE - 21 Sep 2022 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
Director
Signature
/s/ James W. Barge, by Teresa M. Connelly, Esq., Attorney-in--fact
Issuer symbol
SCHL
Transactions as of
21 Sep 2022
Net transactions value
+$59,996
Form type
4
Filing time
23 Sep 2022, 16:05:46 UTC
Previous filing
21 Sep 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Award $59,996 +1,415 +6% $42.40 24,867 21 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) Award $0 +2,930 $0.000000 2,930 21 Sep 2022 Common Stock 2,930 $42.40 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 21, 2023 or the date of the Company's 2023 annual stockholder meeting.
F2 The stock options are scheduled to vest on the earlier of September 21, 2023 or the date of the Company's 2023 annual stockholder meeting.