0001179110-18-005606.txt : 20180412 0001179110-18-005606.hdr.sgml : 20180412 20180412171939 ACCESSION NUMBER: 0001179110-18-005606 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180410 FILED AS OF DATE: 20180412 DATE AS OF CHANGE: 20180412 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: 18752724 MAIL ADDRESS: STREET 1: C/O SCHOLASTIC CORP STREET 2: 555 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10012-3999 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 4 1 edgar.xml FORM 4 - X0306 4 2018-04-10 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 2018-04-10 4 M 0 27099 27.93 A 4382127 D Class A Stock 2018-04-10 4 J 0 27099 27.93 D 4355028 D Common Stock 2018-04-10 4 J 0 27099 27.93 A 4382127 D Common Stock 2018-04-10 4 S 0 1691 39.92 D 4380436 D Common Stock 2018-04-10 4 S 0 25408 39.34 D 4355028 D Class A Stock 2018-04-11 4 M 0 39047 27.93 A 4394075 D Class A Stock 2018-04-11 4 J 0 39047 27.93 D 4355028 D Common Stock 2018-04-11 4 J 0 39047 27.93 A 4394075 D Common Stock 2018-04-11 4 S 0 39047 39.63 D 4355028 D Class A Stock 2018-04-12 4 M 0 17714 27.93 A 4372742 D Class A Stock 2018-04-12 4 J 0 17714 27.93 D 4355028 D Common Stock 2018-04-12 4 J 0 17714 27.93 A 4372742 D Common Stock 2018-04-12 4 S 0 17714 39.92 D 4355028 D Employee Stock Option (right to buy) 27.93 2018-04-10 4 M 0 27099 0 D 2018-09-24 Class A Stock 27099 56761 D Employee Stock Option (right to buy) 27.93 2018-04-11 4 M 0 39047 0 D 2018-09-24 Class A Stock 39047 17714 D Employee Stock Option (right to buy) 27.93 2018-04-12 4 M 0 17714 0 D 2018-09-24 Class A Stock 17714 0 D Represents the exercise of stock options due to expire on September 24, 2018. 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 $39.91-$39.92, 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 (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 $38.85-$39.71, 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 (4) 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 $39.45-$39.80, 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 (5) 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 $39.86-$40.01, 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 (6) to this Form 4. See Exhibit 99.1 for a summary of holdings. Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant. Richard Robinson, by Teresa M. Connelly, attorney-in-fact 2018-04-12 EX-99.1 2 footnotedickrapril2018.txt SUMMARY OF HOLDINGS Exhibit 99.1 Mr. Robinson is the beneficial owner of 4,355,028 shares of Common Stock. Directly held shares includes 460,618 shares of Common Stock and 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 and 146,980 shares of Common Stock held in the RR 2014 Trust, of which he is the trustee. Indirectly held shares include: shares owned by (i) the Trust under the Will of Maurice R. Robinson (the "Maurice R. Robinson Trust"), as follows: (a) 1,683,092 shares of Common Stock and (b) 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 (ii) the Trust under the Will of Florence L. Robinson (the "Florence L. Robinson Trust"), as follows: (a) 350,000 shares of Common Stock and (b) 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 46,170 shares of Common Stock beneficially owned by his sons for which Mr. Robinson is deemed the beneficial owner and 11,968 shares held in the Scholastic 401(k) Savings and Retirement Plan.