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

Role
EVP and GM, Research
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
May 1, 2023
Transactions value $
-$59,455
Form type
4
Date filed
5/3/2023, 10:34 AM
Previous filing
Jan 10, 2023
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 +742 +9.35% $0.00 8.68K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +931 +10.73% $0.00 9.61K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +625 +6.5% $0.00 10.2K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1.56K +15.21% $0.00 11.8K May 1, 2023 Direct
transaction WLY Class A Common Tax liability -$59.5K -1.56K -13.2% $38.21 10.2K 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 -742 -100% $0.00* 0 May 1, 2023 Class A Common 742 Direct F2, F3, F4, F5
transaction WLY Restricted Stock Units Options Exercise $0 -931 -49.97% $0.00 932 May 1, 2023 Class A Common 931 Direct F2, F3, F6, F7
transaction WLY Restricted Stock Units Options Exercise $0 -625 -33.35% $0.00 1.25K May 1, 2023 Class A Common 625 Direct F2, F3, F7, F8
transaction WLY Restricted Stock Units Options Exercise $0 -1.56K -24.99% $0.00 4.67K May 1, 2023 Class A Common 1.56K Direct F2, F3, F7, F9
* 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 June 27, 2019, reporting person was granted 2,965 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F5 As a result of this transaction, all restricted stock units for the June 27, 2019 grant have vested.
F6 On June 26, 2020, reporting person was granted 3,725 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F7 Represents the total remaining beneficially owned shares in each grant following the reported transaction.
F8 On June 24, 2021, reporting person was granted 2,498 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F9 On June 22, 2022, reporting person was granted 6,227 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.