Quinton Sasha 4
4 · SCHOLASTIC CORP · Filed Aug 17, 2022
Insider Transaction Report
Form 4
SCHOLASTIC CORPSCHL
Quinton Sasha
EVP, PRES SCHL READING EVENTS
Transactions
- Sale
Common Stock
2022-08-15$47.31/sh−5,675$268,467→ 26,026 total - Exercise/Conversion
Employee stock options
2022-08-15−5,675→ 28,493 totalExercise: $26.51Exp: 2030-03-17→ Common Stock (5,675 underlying) - Exercise/Conversion
Employee stock options
2022-08-15−500→ 50,188 totalExercise: $20.63Exp: 2027-09-22→ Common Stock (500 underlying) - Exercise/Conversion
Common Stock
2022-08-15$26.51/sh+5,675$150,444→ 31,701 total - Sale
Common Stock
2022-08-15$47.30/sh−1,029$48,669→ 26,026 total - Sale
Common Stock
2022-08-15$47.20/sh−500$23,600→ 26,026 total - Exercise/Conversion
Common Stock
2022-08-15$20.63/sh+500$10,315→ 26,526 total
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.20-47.26 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.20-47.50 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock 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
- [F3]Employee stock options vest ratably over a three year period beginning with the first anniversary after the date of grant