Initial Statement of Beneficial Ownership (3)
June 09 2021 - 4:11PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Else-Mitchell Rose |
2. Date of Event Requiring Statement (MM/DD/YYYY)
6/1/2021
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3. Issuer Name and Ticker or Trading Symbol
SCHOLASTIC CORP [SCHL]
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(Last)
(First)
(Middle)
SCHOLASTIC INC., C/O CORPORATE SECRETARY, 557 BROADWAY |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner ___X___ Officer (give title below) _____ Other (specify below) President, Education Solutions / |
(Street)
NEW YORK, NY 10012
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock (1) | 14542 (1) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock options (right to buy) | (2) | 9/22/2027 | Common Stock | 53050 | $20.63 | D | |
Explanation of Responses: |
(1) | Represents restricted stock units granted to the reporting person that vest ratably over a three year period beginning with the first anniversary after the date of grant. |
(2) | Employee stock options vest ratably over a three year period beginning with the first anniversary after the date of grant. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Else-Mitchell Rose SCHOLASTIC INC., C/O CORPORATE SECRETARY 557 BROADWAY NEW YORK, NY 10012 |
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| President, Education Solutions |
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Signatures
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/s/ Rose Else-Mitchell, by Teresa M. Connelly, Esq., Attorney-in-fact | | 6/9/2021 |
**Signature of Reporting Person | Date |
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