Iole Lucchese - 15 Sep 2023 Form 4/A Insider Report for SCHOLASTIC CORP (SCHL)

Role: EVP & CHIEF STRATEGY OFFICER, Director
Signature: /s/ Iole Lucchese by Andrew S. Hedden, Esq., Attorney-in-Fact
Issuer symbol: SCHL
Transactions as of: 15 Sep 2023
Net transactions value: -$32.32
Form type: 4/A
Filing time: 17 Jan 2024, 16:03:47 UTC
Date Of Original Report: 19 Sep 2023
Previous filing: 17 Jan 2024
Next filing: 22 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCHL	Common Stock	Options Exercise	$511,502	+16,954	+27%	$30.17	79,340	15 Sep 2023	Direct	F1
transaction	SCHL	Common Stock	Tax liability	$511,534	-12,885	-16%	$39.70	66,455	15 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 Option	Options Exercise	$0	-16,954	-100%	$0.000000^*	0	15 Sep 2023	Common Stock	16,954	$30.17	Direct	F2

* 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.
F2	Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.