Inder M. Singh - Sep 29, 2022 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
Director
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
Sep 29, 2022
Transactions value $
$216,585
Form type
4
Date filed
10/3/2022, 02:58 PM
Previous filing
May 27, 2022
Next filing
Oct 28, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WLY Phantom Stock Units Award $96.6K +1.77K $54.50 1.77K Sep 29, 2022 Class A Common 1.77K Direct F1, F2
transaction WLY Phantom Stock Units Award $120K +3.14K +177.2% $38.22 4.91K Sep 29, 2022 Class A Common 3.14K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pro-rated annual director stock award issued pursuant to the John Wiley and Sons, Inc. 2022 Omnibus Stock and Long-Term Incentive Plan and deferred under the Director Deferred Compensation Plan. Amount includes additional Phantom Stock Units as a result of quarterly dividends. Shares settled upon retirement from the Board in 100% of John Wiley & Sons, Inc. Class A Common stock. Pursuant to the Deferred Compensation Plan, the director will receive distribution of his/her deferred compensation in accordance with his/her distribution election in either a lump sum or in ratable installments over a period not to exceed 10 years.
F2 1-for-1.
F3 Annual director stock award issued pursuant to the John Wiley and Sons, Inc. 2022 Omnibus Stock and Long-Term Incentive Plan and deferred under the Director Deferred Compensation Plan. Such shares will vest on the earliest of (i) the day before the next Annual Meeting, (ii) the director's death/disability, and (iii) a change in control event. Shares settled upon retirement from the Board in 100% of John Wiley & Sons, Inc. Class A Common stock. Pursuant to the Deferred Compensation Plan, the director will receive distribution of his/her deferred compensation in accordance with his/her distribution election in either a lump sum or in ratable installments over a period not to exceed 10 years.