Elizabeth Polcari - Sep 1, 2023 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
EVP, PRESIDENT, EDUCATION SOL.
Signature
/s/ Elizabeth Polcari, by Vanessa Hill, Attorney-in-fact
Stock symbol
SCHL
Transactions as of
Sep 1, 2023
Transactions value $
$0
Form type
4
Date filed
8/7/2024, 04:04 PM
Previous filing
Aug 7, 2024
Next filing
Sep 4, 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 Sep 1, 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.