Christopher Caridi - May 1, 2023 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
SVP, Global Corp Controller
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
May 1, 2023
Transactions value $
-$23,193
Form type
4
Date filed
5/3/2023, 10:18 AM
Previous filing
Jul 1, 2022
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLY Class A Common Options Exercise $0 +927 +20.06% $0.00 5.55K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +394 +7.1% $0.00 5.94K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +329 +5.54% $0.00 6.27K May 1, 2023 Direct
transaction WLY Class A Common Tax liability -$23.2K -607 -9.68% $38.21 5.67K May 1, 2023 Direct F1

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 Restricted Stock Units Options Exercise $0 -927 -67.27% $0.00 451 May 1, 2023 Class A Common 927 Direct F2, F3, F4, F5
transaction WLY Restricted Stock Units Options Exercise $0 -329 -33.33% $0.00 658 May 1, 2023 Class A Common 329 Direct F2, F3, F5, F6
transaction WLY Restricted Stock Units Options Exercise $0 -394 -24.95% $0.00 1.19K May 1, 2023 Class A Common 394 Direct F2, F3, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units.
F2 1-for-1
F3 Vesting date of April 30, 2023 was on a Sunday, therefore, transaction was processed on the following Monday, May 1, 2023.
F4 On October 26, 2020, the reporting person was granted 4,203 restricted stock units to vest: 1609 shares on April 30, 2021, 1216 shares on April 30, 2022, 927 shares on April 30, 2023, and 451 shares on April 30, 2024.
F5 Previously, outstanding beneficial ownership reported was the outstanding restricted stock units balance for all grants awarded. As of this filing, and on future filings, reporting of restricted stock units beneficially owned will be on an individual grant basis.
F6 On June 24, 2021, the reporting person was granted 1,316 restricted stock units to vests in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F7 On June 22, 2022, the reporting person was granted 1,579 restricted stock units to vests in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.