SCHOLASTIC CORP 4
4 · SCHOLASTIC CORP · Filed Sep 5, 2013
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
MAYER MARGERY W
EVP & President, Education
Transactions
- Tax Payment
Common Stock
2013-09-03$30.63/sh−498$15,254→ 52,455 total - Exercise/Conversion
Common Stock
2013-09-03$30.63/sh+1,436$43,985→ 52,953 total - Exercise/Conversion
Restricted Stock Units
2013-09-03$16.90/sh−1,436$24,268→ 0 totalFrom: 2013-09-01Exp: 2013-09-01→ Common Stock (1,436 underlying)
Footnotes (1)
- [F1]Restricted stock units ("RSUs") acquired by the reporting person on 9/1/10 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/3/2013, the first business day after 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, 2010.