SCHOLASTIC CORP 4
4 · SCHOLASTIC CORP · Filed Sep 21, 2007
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
ROOME HUGH R
EVP & President, International
Transactions
- Award
Employee stock option (right to buy)
2007-09-19+9,000→ 9,000 totalExercise: $36.21Exp: 2017-09-19→ Common Stock (9,000 underlying) - Tax Payment
Common Stock
2007-09-20$35.44/sh−252$8,931→ 19,797 total - Award
Common Stock
2007-09-19+6,000→ 20,049 total
Holdings
- 6,333(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represents a grant of restricted stock units (RSUs) under the Scholastic Corporation 2001 Stock Incentive Plan, 25% of the RSUs vest on October 19, 2008 and 25% of the RSUs vest on each of September 19, 2009, 2010 and 2011.
- [F2]Represents shares withheld to cover taxes owed upon the vesting of 666 restricted stock units.
- [F3]Vests annually in four equal installments beginning on the first anniversary of the grant date.