Graduation Day

Graduation Day is a 1981 American slasher film co-written, co-produced, and directed by Herb Freed, and starring Christopher George, Patch Mackenzie, Michael Pataki, and E. Danny Murphy in his film debut. The plot follows a high school track team who are stalked and murdered by a masked assailant days before their graduation. Linnea Quigley, Vanna White, and Karen Abbott appear in supporting performances.

Synopsis from Wikipedia, CC BY-SA 4.0. Everything below written here.

Poster © the film's rights holders.