SCHOLASTIC CORP 4

4 · SCHOLASTIC CORP · Filed Sep 6, 2005

Form 4

Period: 2005-09-01

EVP & President, International

Transactions

Tax Payment
Common Stock
2005-09-01$36.67/sh−1,988$72,900→ 11,165 total
Exercise/Conversion
Restricted Stock Units
2005-09-01$22.60/sh−1,770$40,002→ 0 total
From: 2003-09-01Exp: 2005-09-01→ Common Stock (1,770 underlying)
Exercise/Conversion
Restricted Stock Units
2005-09-01$25.22/sh−2,141$53,996→ 0 total
From: 2005-09-01Exp: 2005-09-01→ Common Stock (2,141 underlying)
Exercise/Conversion
Restricted Stock Units
2005-09-01$30.60/sh−2,076$63,526→ 0 total
From: 2004-09-01Exp: 2005-09-01→ Common Stock (2,076 underlying)
Award
Restricted Stock Units
2005-09-01$26.64/sh+3,567$95,025→ 3,567 total
From: 2008-09-01→ Common Stock (3,567 underlying)
Exercise/Conversion
Common Stock
2005-09-01+5,987→ 13,153 total

Holdings

Footnotes (2)

[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.
[F2]Conversion of restricted stock units, acquired under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus, into shares of Common Stock on a one-for-one basis upon expiration of the deferral period selected by the reporting person. Price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31 in the year of acquisition.

Documents

1 file