SCHOLASTIC CORP 4
4 · SCHOLASTIC CORP · Filed Sep 6, 2005
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
FORTE DEBORAH A
EVP & President, SEI
Transactions
- Award
Restricted Stock Units
2005-09-01$26.64/sh+2,605$69,397→ 2,605 totalFrom: 2008-09-01→ Common Stock (2,605 underlying)
Footnotes (1)
- [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 third anniversary of the award date. Price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2005.