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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
Scholastic Corporation
----------------------
(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)
*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 disclosure
provided in a prior cover page.
The information required in 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 ("Act") 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 6 Pages
CUSIP No. 807066105 13G Page 2 of 6 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Barbara Robinson Buckland
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
404,516*
--------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,425,712*
OWNED BY --------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 404,516*
WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,425,712*
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,830,228*
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|_|
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.36%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
* reflects the 2 for 1 stock split distributed on January 16, 2001 to
shareholders of record on December 29, 2000.
SEE INSTRUCTIONS BEFORE FILLING OUT
Page 3 of 6 Pages
Note: The share figures in this report have been adjusted to reflect the 2 for 1
stock split distributed on January 16, 2001 to shareholders of record on
December 29, 2000.
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
Barbara Robinson Buckland
(b) Address of Principal Business Office or, if none, Residence
75 Central Park West
New York, N.Y. 10023
(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.
Page 4 of 6 Pages
Item 4. Ownership (at December 31, 2000)
(a) Amount Beneficially Owned
2,830,228 (see Note to Item 4(a))
Note to
Item 4(a): Includes shares owned by the Trust under the Will of Maurice R.
Robinson (the "Maurice R. Robinson Trust"), as follows: (i)
1,683,092 shares of Common Stock and (ii) 648,620 shares of Common
Stock which are receivable upon conversion of 648,620 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. Also includes 94,000 shares of Common Stock owned by two
trusts for the benefit of the children of Mary Sue Robinson Morrill
and William Morrill (the "Morrill Children Trusts"). Ms. Buckland
and Mr. Morrill are trustees of the Morrill Children Trusts, with
shared voting and investment power with respect to them.
(b) Percent of Class
8.36%
(c) Number of shares as to which such person has:
i) sole power to vote or to direct the vote
404,516
ii) shared power to vote or to direct the vote
2,425,712 (see Note to Item 4(a))
iii) sole power to dispose or to direct the disposition of
404,516
iv) shared power to dispose or to direct the disposition of
2,425,712 (see Note to Item 4(a))
Page 5 of 6 Pages
Item 5. Ownership of Five Percent or Less of a Class
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
The Maurice R. Robinson Trust and the Morrill Children Trusts 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.
Page 6 of 6 Pages
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 14, 2001
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Date
/s/Barbara Robinson Buckland
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Signature
Barbara Robinson Buckland
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Name/Title