Elizabeth Polcari - 01 Sep 2023 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Signature
/s/ Elizabeth Polcari, by Vanessa Hill, Attorney-in-fact
Issuer symbol
SCHL
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
07 Aug 2024, 16:04:37 UTC
Previous filing
07 Aug 2024
Next filing
04 Sep 2024

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 Restricted Stock Units Award +515 515 01 Sep 2023 Common Stock 515 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquired under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus to be converted into shares of Common Stock on a one for one basis upon expiration of the deferral period selected by the reporting person. Vests on the third anniversary of the award date. Price is 75% of the lowest closing price for the underlying Common Stock during the quarter ended August 31, 2023.