Iole Lucchese - Sep 15, 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
Stock symbol: SCHL
Transactions as of: Sep 15, 2023
Transactions value $: -$32
Form type: 4/A
Date filed: 1/17/2024, 04:03 PM
Date Of Original Report: Sep 19, 2023
Previous filing: Jan 17, 2024
Next filing: Sep 22, 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	$512K	+17K	+27.18%	$30.17	79.3K	Sep 15, 2023	Direct	F1
transaction	SCHL	Common Stock	Tax liability	-$512K	-12.9K	-16.24%	$39.70	66.5K	Sep 15, 2023	Direct	F1

Showing 1 to 2 of 2 entries

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	-17K	-100%	$0.00^*	0	Sep 15, 2023	Common Stock	17K	$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.