SCHOLASTIC CORP 4
4 · SCHOLASTIC CORP · Filed Aug 12, 2014
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
MAYER PETER M
Director
Transactions
- Exercise/Conversion
Common Stock
2014-08-11$29.49/sh+6,000$176,940→ 28,881 total - Sale
Common Stock
2014-08-11$36.38/sh−6,000$218,274→ 22,881 total - Exercise/Conversion
Outside Director Stock Options
2014-08-11−6,000→ 0 totalExercise: $29.49From: 2005-09-21Exp: 2014-09-22→ Common Stock (6,000 underlying)
Footnotes (2)
- [F1]Represents the exercise of non-qualified stock options under the Scholastic Corporation Outside Directors Stock Option Plan, all of which are scheduled to expire on September 22, 2014.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.38 to $36.40 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 (2) to this Form 4.