ROBINSON RICHARD (CEO, Chairman and President) exercised options at SCHOLASTIC CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 9/5/2019ACC: 0001179110-19-010132
DirectorOfficer10% Owner· CEO, Chairman and President
Since Aug 2018
-12.99K
Net shares
Net seller
$455.7K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
28.51K acquired · 41.50K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+28.51K
Price / share
$35.09
Trade value
$1M
% of position
0.7%
9/3/2019
3.96M→3.99M
Common Stock
Direct
Shares
−12.99K
Price / share
$35.09
Trade value
$455.75K
% of position
0.3%
9/3/2019
3.99M→3.98M
Total
Net shares
+15.53K
Net value
$544.81K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/3/2019 | M · Option Exercise | +28.51K | $35.09 | $1M | 0.7% | 3.96M | 3.99M |
| Common Stock Direct | 9/3/2019 | F · Tax Withholding | −12.99K | $35.09 | $455.75K | 0.3% | 3.99M | 3.98M |
| Total | +15.53K | $544.81K | ||||||
Derivative Transactions1
Restricted Stock Units
Direct
Converts to
Common Stock
28.51K shares
Shares
−28.51K
Strike price
Held after
0.00
Exercisable
—
9/3/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Common Stock28.51K shares | 9/3/2019 | M · Option Exercise | −28.51K | — | 0.00 |