0001179110-16-023313.txt : 20160425
0001179110-16-023313.hdr.sgml : 20160425
20160425192543
ACCESSION NUMBER: 0001179110-16-023313
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20160425
FILED AS OF DATE: 20160425
DATE AS OF CHANGE: 20160425
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SCHOLASTIC CORP
CENTRAL INDEX KEY: 0000866729
STANDARD INDUSTRIAL CLASSIFICATION: BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731]
IRS NUMBER: 133385513
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0531
BUSINESS ADDRESS:
STREET 1: 555 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10012
BUSINESS PHONE: 2123436100
MAIL ADDRESS:
STREET 1: 555 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10012
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ROBINSON RICHARD
CENTRAL INDEX KEY: 0000903959
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19860
FILM NUMBER: 161590202
MAIL ADDRESS:
STREET 1: C/O SCHOLASTIC CORP
STREET 2: 555 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10012-3999
4
1
edgar.xml
FORM 4 -
X0306
4
2016-04-25
0
0000866729
SCHOLASTIC CORP
SCHL
0000903959
ROBINSON RICHARD
C/O CORPORATE SECRETARY, SCHOLASTIC CORP
557 BROADWAY
NEW YORK
NY
10012
1
1
1
0
CEO, Chairman and President
Class A Stock
2016-04-22
4
M
0
14046
30.08
A
4412696
D
Class A Stock
2016-04-22
4
J
0
14046
30.08
D
4398650
D
Common Stock
2016-04-22
4
J
0
14046
30.08
A
4412696
D
Common Stock
2016-04-22
4
S
0
14046
37.061
D
4398650
D
Class A Stock
2016-04-21
4
M
0
7990
30.08
A
4406640
D
Class A Stock
2016-04-21
4
J
0
7990
30.08
D
4398650
D
Common Stock
2016-04-21
4
J
0
7990
30.08
A
4406640
D
Common Stock
2016-04-21
4
S
0
7990
37.338
D
4398650
D
Employee Stock Options (right to buy)
30.08
2016-04-22
4
M
0
14046
0
D
2016-09-20
Class A Stock
14046
27964
D
Employee Stock Options (right to buy)
30.08
2016-04-25
4
M
0
27964
0
D
2016-09-20
Class A Stock
27964
0
D
Represents the exercise of Class A stock options due to expire on September 20, 2016.
Represents the conversion of Class A Stock to Common Stock.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.06-$37.10, 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 (3) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.25-$37.57, 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 (4) to this Form 4.
Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant.
See Exhibit 99.1
Richard Robinson, by Teresa M. Connelly, attorney-in-fact
2016-04-25
EX-99.1
2
footnotedickrsapril20161.txt
SUMMARY OF HOLDINGS
Note 1
Mr. Robinson is the beneficial owner of 4,398,650 shares of Common Stock,
which includes 550,548 shares held directly and (A) 890,904
shares of Common Stock, which are receivable upon conversion
of 890,904 shares of Class A Stock, par value $.01 per share,
owned by Richard Robinson; also includes shares owned
by (B) the Trust under the Will of Maurice R. Robinson
(the "Maurice R. Robinson Trust"), as follows: (i) 1,683,092 shares
of Common Stock and (ii) 648,620 shares of Common Stock which
are receivable upon conversion of 648,620
shares of Class A Stock, par value $.01
per share; and (C) the Trust under the Will of Florence L.
Robinson (the "Florence L. Robinson Trust"), as follows: (i) 350,000
shares of Common Stock and (ii) 116,676 shares of Common Stock
which are receivable upon conversion of 116,676 shares of Class A Stock,
par value $.01 share. Richard Robinson is one of six trustees
of the Maurice R. Robinson Trust, and one of two trustees of
the Florence L. Robinson Trust, with shared voting and investment power
with respect to the shares of Common Stock and Class A Stock
owned by the two trusts, respectively. The shares of
Class A Stock are convertible into shares of Common Stock,
at any time at the option of the holder thereof, on a
share-for-share basis; Also includes (D) 48,430 shares of
Common Stock for which Mr. Robinson is custodian for his sons,
(E) 10,380 shares of Common Stock with respect to which Mr. Robinson
had voting rights at under the Scholastic 401(k) Savings and Retirement Plan
and (F) 100,000 shares held in the RR 2014 Trust.