SCHOLASTIC CORP 4
4 · SCHOLASTIC CORP · Filed Mar 31, 2014
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
MAYER MARGERY W
EVP & President, Education
Transactions
- Exercise/Conversion
Common Stock
2014-03-27$22.81/sh+24,000$547,440→ 79,246 total - Sale
Common Stock
2014-03-27$33.71/sh−20,246$682,493→ 59,000 total - Gift
Common Stock
2014-03-31$34.34/sh−3,913$134,372→ 55,087 total - Exercise/Conversion
Employee Stock Option (right to buy)
2014-03-27−24,000→ 0 totalExercise: $22.81Exp: 2020-08-27→ Common Stock (8,000 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.11 to $33.37 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- [F2]Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.