SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
Rule 13d-102
Under the Securities Exchange Act of 1934
(Amendment No. 1)(1)
Scholastic Corporation
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
807066105
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(CUSIP Number)
December 31, 1998
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(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
|_| Rule 13d-1 (b)
|_| Rule 13d-1 (c)
|_| Rule 13d-1 (d)
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(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 5 Pages
<PAGE>
CUSIP No. 807066105 13G Page 2 of 5 Pages
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(1) Name of Reporting Persons
I.R.S. Identification Nos. of above persons. (entities only)
William W. Robinson
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(2) Check the appropriate box if a member of a group (see instructions) (a)|_|
(b)|_|
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(3) SEC use only.
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(4) Citizenship or place of organization.
United States
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Number of shares beneficially owned by each reporting person with:
(5) Sole voting power:
196,949
(6) Shared voting power:
1,169,856
(7) Sole dispositive power:
196,949
(8) Shared dispositive power:
1,169,856
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(9) Aggregate amount beneficially owned by each reporting person.
1,366,805
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(10) Check if the aggregate amount in Row (9) excludes certain shares |X|
(see instructions).
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(11) Percent of class represented by amount in Row 9.
8.59%
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(12) Type of reporting person (see instructions).
IN
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<PAGE>
Page 3 of 5 Pages
Item 1.
(a) Name of Issuer
Scholastic Corporation
(b) Address of Issuer's Principal Executive Offices
555 Broadway
New York, New York 10012
Item 2.
(a) Name of Person Filing
William W. Robinson
(b) Address of Principal Business Office or, if none, Residence
1016 Centre Street
Newton, MA 02159
(c) Citizenship
United States
(d) Title of Class of Securities
Common Stock, par value $.01 per share
(e) CUSIP Number
807066105
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
Not applicable.
Item 4. Ownership (at December 31, 1998)
(a) Amount Beneficially Owned
<PAGE>
Page 4 of 5 Pages
1,366,805 (see Note to Item 4(a))
Note to
Item 4(a): Includes (A) 2,500 shares and 1,500 shares of Common Stock owned by
two trusts for the benefit of the children of Mr. W. Robinson, of
which he shares voting and investment power with his wife, Kathleen
K. Robinson, and (B) shares owned by the Trust under the Will of
Maurice R. Robinson (the "Maurice R. Robinson Trust"), as follows:
(i) 841,546 shares of Common Stock and (ii) 324,310 shares of Common
Stock which are receivable upon conversion of 324,310 shares of
Class A Stock, par value $.01 per share. 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. Richard
Robinson, Barbara Robinson Buckland, Mary Sue Robinson Morrill and
William W. Robinson are trustees of the Maurice R. Robinson Trust,
with shared voting and investment power with respect to the shares
of Common Stock and Class A Stock owned by the Maurice R. Robinson
Trust. Does not include 42,364 shares of Common Stock beneficially
owned by Kathryn K. Robinson, the wife of Mr. W. Robinson, or 44,000
shares of Common Stock held in the 1997 Robinson Family Trust in
respect of all of which Mr. W. Robinson disclaims beneficial
ownership, voting power and dispositive power.
(b) Percent of Class
8.59%
(c) Number of shares as to which such person has:
i) sole power to vote or to direct the vote
196,949
ii) shared power to vote or to direct the vote
1,169,856 (see Note to Item 4(a))
iii) sole power to dispose or to direct the disposition of
196,949
iv) shared power to dispose or to direct the disposition of
1,169,856 (see Note to Item 4(a))
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
<PAGE>
Page 5 of 5 Pages
Item 6. Ownership of More than Five Percent on Behalf of Another Person
The trusts of the children of Mr. W. Robinson and the Maurice R.
Robinson Trust have the right to receive dividends from, or the
proceeds from the sale of, the shares of Common Stock and Class A
Stock referred to in the Note to Item 4(a).
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 16, 1999
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Date
/s/ William W. Robinson
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Signature
William W. Robinson
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Name/Title
