SCHOLASTIC CORP 4
4 · SCHOLASTIC CORP · Filed Jun 7, 2007
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
ROOME HUGH R
EVP & President, International
Transactions
- Sale
Common Stock
2007-06-06$35.88/sh−20,000$717,600→ 14,049 total - Exercise/Conversion
Common Stock
2007-06-06$17.59/sh+20,000$351,900→ 34,049 total - Exercise/Conversion
Employee Stock Option (right to buy)
2007-06-06−20,000→ 27,184 totalExercise: $17.59Exp: 2007-07-16→ Common Stock (20,000 underlying)
Holdings
- 5,819(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 24, 2007, with regard to stock options that expire on July 16, 2007.
- [F2]Option vested in four equal annual installments beginning on July 15, 1998, the first anniversary of the date of grant.