Margaret A. Williams - Sep 18, 2023 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
Director
Signature
/s/ Margaret A. Williams by Andrew S. Hedden, Esq., Attorney-in-Fact
Stock symbol
SCHL
Transactions as of
Sep 18, 2023
Transactions value $
-$83,931
Form type
4
Date filed
9/20/2023, 04:07 PM
Previous filing
Sep 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Options Exercise $83.9K +2.75K +15.24% $30.56 20.8K Sep 18, 2023 Direct F1
transaction SCHL Common Stock Tax liability -$83.9K -2.17K -10.46% $38.66 18.6K Sep 18, 2023 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 -$83.9K -2.75K -100% $30.56 0 Sep 18, 2023 Common Stock 2.75K $30.56 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.