X0306 4 2018-04-10 0 0000866729 SCHOLASTIC CORP SCHL 0001216569 HEDDEN ANDREWS S C/O CORPORATE SECRETARY, SCHOLASTIC CORP 557 BROADWAY NEW YORK NY 10012 1 1 0 0 EVP, General Counsel Common Stock 2018-04-10 4 M 0 30500 16.48 A 61118 D Common Stock 2018-04-10 4 S 0 30500 39.03 D 30618 D Common Stock 2000 I In IRA Employee Stock Option (right to buy) 16.48 2018-04-10 4 M 0 30500 0 D 2018-12-16 Common Stock 30500 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.01 to $39.04,inclusive. The reporting person undertakes to provide to Scholastic Corporation, any shareholder 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 (1) to this Form 4. Employee stock options vest ratably over a four year period beginning with the first anniversary after the date of grant Andrew S. Hedden, by Teresa M. Connelly, Attorney-in-fact 2018-04-12