SCHOLASTIC CORP 4
4 · SCHOLASTIC CORP · Filed Sep 4, 2014
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
MAYER MARGERY W
EVP & President, Education
Transactions
- Exercise/Conversion
Restricted Stock Units
2014-09-02$26.64/sh−243$6,474→ 0 totalFrom: 2014-09-02Exp: 2014-09-02→ Common Stock (243 underlying) - Exercise/Conversion
Common Stock
2014-09-02$35.20/sh+243$8,554→ 54,657 total - Tax Payment
Common Stock
2014-09-02$35.20/sh−120$4,224→ 54,517 total
Footnotes (1)
- [F1]Restricted stock units ("RSUs") acquired by the reporting person on 9/1/11 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/2/14, the first business day following 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, 2011.