Iole Lucchese - 26 Sep 2023 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Signature
/s/ Iole Lucchese by Andrew S. Hedden, Esq., Attorney-in-Fact
Issuer symbol
SCHL
Transactions as of
26 Sep 2023
Net transactions value
$0
Form type
4
Filing time
17 Jan 2024, 16:04:48 UTC
Previous filing
25 Sep 2023
Next filing
17 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Award $0 +9,740 +15% $0.000000 72,610 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 Option Award $0 +20,601 $0.000000 20,601 26 Sep 2023 Common Stock 20,601 $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.