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SCHOLASTIC CORP · Jun 12, 5:30 PM ET

SCHOLASTIC CORP 4

4 · SCHOLASTIC CORP · Filed Jun 12, 2007

Insider Transaction Report

Form 4
Period: 2007-06-08
SCHOLASTIC CORPSCHL
ROOME HUGH R
EVP & President, International
Transactions
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2007-06-08−27,184→ 0 total
    Exercise: $17.59Exp: 2007-07-16→ Common Stock (27,184 underlying)
  • Exercise/Conversion

    Common Stock

    2007-06-08$17.59/sh+27,184$478,302→ 41,233 total
  • Sale

    Common Stock

    2007-06-08$35.23/sh−27,184$957,692→ 14,049 total
Holdings

  • Common Stock

    (indirect: By Trust)
    6,333
Footnotes (3)
  • [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]Between January 1, 2007 and the date of this report, the reporting person acquired 520 shares of Scholastic Corporation stock under the Scholastic Corporation 401(k) Savings and Retirement Plan.
  • [F3]Option vested in four equal annual installments beginning on July 15, 1998, the first anniversary of the date of grant.

Documents

1 file
  • 4
    edgar.xmlPrimary

    FORM 4 -