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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 9/26/23 |
Issuer: |
| Issuer CIK: 866729 |
| Issuer Name: SCHOLASTIC CORP |
| Issuer Trading Symbol: SCHL |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1799461 |
| | Owner Name: Quinton Sasha |
| Reporting Owner Address: |
| | Owner Street 1: C/O CORPORATE SECRETARY, SCHOLASTIC |
| | Owner Street 2: 557 BROADWAY |
| | Owner City: NEW YORK |
| | Owner State: NY |
| | Owner ZIP Code: 10012 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: PRESIDENT, BOOK FAIRS |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 9/26/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 8,117 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 31,665 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Stock Options |
| | Conversion or Exercise Price: |
| | | Value: 36.96 |
| | Transaction Date: |
| | | Value: 9/26/23 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 17,167 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Value: 9/26/30 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 17,167 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 17,167 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
Footnotes: |
| Footnote - F1: Represents grant of restricted stock units which vest in 33 1/3% increments beginning with the first anniversary from the date of grant. |
| Footnote - F2: The grant becomes exercisable in three equal annual installments beginning with the first anniversary of the date of grant. |
Owner Signature: |
| Signature Name: /s/ Sasha Quinton by Andrew S. Hedden, Esq., Attorney-in-Fact |
| Signature Date: 1/16/24 |