S. Hedden - Sep 26, 2023 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
EVP, GENERAL COUNSEL
Signature
/s/ Andrew S. Hedden, Esq.
Stock symbol
SCHL
Transactions as of
Sep 26, 2023
Transactions value $
$0
Form type
4
Date filed
1/16/2024, 04:12 PM
Previous filing
Sep 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Award $0 +8.12K +12.52% $0.00 72.9K Sep 26, 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 Stock Options Award $0 +17.2K $0.00 17.2K Sep 26, 2023 Common Stock 17.2K $36.96 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units which vest in 33 1/3% increments beginning with the first anniversary from the date of grant.
F2 Employee stock options vest ratably over a three year period beginning with the first anniversary after the date of grant.