AUGUSTINE CYNTHIA 4
4 · SCHOLASTIC CORP · Filed Sep 6, 2011
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
AUGUSTINE CYNTHIA
SVP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2011-09-02$25.89/sh+3,074$79,586→ 10,846 total - Exercise/Conversion
Restricted Stock Units
2011-09-02$18.77/sh−3,074$57,699→ 0 totalFrom: 2011-09-02Exp: 2011-09-02→ Common Stock (3,074 underlying) - Tax Payment
Common Stock
2011-09-02$25.89/sh−1,069$27,676→ 9,777 total
Footnotes (1)
- [F1]Restricted stock units ("RSUs") acquired by the reporting person on 9/2/2008 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/2/2011 upon expiration of the deferral period selected by the reporting person. RSU price is equal to 75% of the lowest closing price for the underlying Common Stock in the fiscal quarter ended August 31, 2008.