X0306 4 2014-08-06 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 2014-08-06 4 M 0 30000 29.49 A 4410377 D Class A Stock 2014-08-06 4 J 0 30000 29.49 D 4380377 D Common Stock 2014-08-06 4 J 0 30000 29.49 A 4410377 D Common Stock 2014-08-06 4 S 0 30000 36.566 D 4380377 D Emmployee Stock Option (right to buy) 29.49 2014-08-06 4 M 0 30000 0 D 2014-09-20 Class A Stock 30000 303000 D Represents the exercise of stock options due to expire on September 20, 2014. Reflects the acquisition of 1,007 shares in his 401(k) account as a non-reportable transaction since his last form 4 filing. 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 $33.50 to $34.49 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. See Exhibit 99.1. Employee stock options vest ratably over a four year period beginning with the first anniversary of the date of grant. Richard Robinson, by Teresa M. Connelly, attorney-in-fact 2014-08-07