ROBINSON RICHARD 4
4 · SCHOLASTIC CORP · Filed Sep 5, 2019
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
ROBINSON RICHARD
DirectorCEO, Chairman & President10% Owner
Transactions
- Tax Payment
Common Stock
2019-09-03$35.09/sh−12,988$455,749→ 3,979,423 total - Exercise/Conversion
Restricted Stock Units
2019-09-03$30.38/sh−28,514$866,255→ 0 totalFrom: 2019-09-03Exp: 2019-09-03→ Common Stock (28,514 underlying) - Exercise/Conversion
Common Stock
2019-09-03$35.09/sh+28,514$1,000,556→ 3,992,411 total
Footnotes (3)
- [F1]Restricted stock units ("RSUs") acquired by the reporting person on 9/1/2015 under the MSPP in lieu of cash bonus; converted into shares of Common Stock on a one-for-one basis on 9/3/2019, 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, 2015.
- [F2]Includes an increase of 999 shares in the 401(k) Plan since the last report.
- [F3]See Exhibit 99.1