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

Signature
/s/ Andrew S. Hedden, Esq.
Issuer symbol
SCHL
Transactions as of
26 Sep 2023
Net transactions value
$0
Form type
4
Filing time
16 Jan 2024, 16:12:13 UTC
Previous filing
25 Sep 2023
Next filing
24 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Award $0 +8,117 +13% $0.000000 72,925 26 Sep 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 +17,167 $0.000000 17,167 26 Sep 2023 Common Stock 17,167 $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.