0001179110-16-033520.txt : 20161228
0001179110-16-033520.hdr.sgml : 20161228
20161228181116
ACCESSION NUMBER: 0001179110-16-033520
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20161223
FILED AS OF DATE: 20161228
DATE AS OF CHANGE: 20161228
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: 162073285
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
2016-12-23
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
Common Stock
2016-12-15
5
A
0
E
123
A
4363107
D
Common Stock
2016-12-16
5
J
0
E
427
48.04
D
4362680
D
Common Stock
2016-12-21
5
G
0
E
560
48.76
D
4362680
D
Common Stock
2016-12-22
5
G
0
E
10000
47.89
D
4352680
D
Class A Stock
2016-12-23
4
M
0
10193
36.21
A
4362873
D
Class A Stock
2016-12-23
4
J
0
10193
36.21
D
4352680
D
Common Stock
2016-12-23
4
J
0
10193
36.21
A
4362873
D
Common Stock
2016-12-23
4
S
0
10193
48.00
D
4352680
D
Class A Stock
2016-12-27
4
M
0
1800
36.21
A
4354480
D
Class A Stock
2016-12-27
4
J
0
1800
36.21
D
4352680
D
Common Stock
2016-12-27
4
J
0
1800
36.21
A
4354480
D
Common Stock
2016-12-27
4
S
0
1800
48.00
D
4352680
D
Class A Stock
2016-12-28
4
M
0
10000
36.21
A
4362680
D
Class A Stock
2016-12-28
4
J
0
10000
36.21
D
4352680
D
Common Stock
2016-12-28
4
J
0
10000
36.21
A
4362680
D
Common Stock
2016-12-28
4
S
0
10000
47.83
D
4352680
D
Employee Stock Option (right to buy)
36.21
2016-12-23
4
M
0
10193
0
D
2017-09-19
Class A Stock
10193
239807
D
Employee Stock Option (right to buy)
36.21
2016-12-27
4
M
0
1800
0
D
2017-09-19
Class A Stock
1800
238007
D
Employee Stock Option (right to buy)
36.21
2016-12-28
4
M
0
10000
0
D
2017-09-19
Class A Stock
10000
228007
D
Represents the increase in number of shares in the 401(k) Plan since the last report relating to the 401(k) Plan.
Represents the sale of shares under a mandatory required distribution in the 401(k)Plan.
Represents a gift of 560 shares to his sons, which shares continue to be deemed beneficially owned by the reporting person.
Represents a gift of 10,000 shares to the Richard Robinson charitable foundation.
Represents the exercise of stock options due to expire on September 19, 2017.
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 $47.75-$47.92, 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 (7) 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
2016-12-28
EX-99.1
2
footnotedickrdecember2016no2.txt
SUMMARY OF HOLDINGS
Exhbit 99.1
Mr. Robinson is the beneficial owner of 4,352,680 shares of Common Stock,
which includes 531,388 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) 48,990 shares of
Common Stock for which Mr. Robinson is custodian for his sons,
(E) 11,004 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) 72,006 shares held in the RR 2014 Trust.