Jay Flynn - 01 May 2023 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
EVP and GM, Research
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
01 May 2023
Net transactions value
-$59,455
Form type
4
Filing time
03 May 2023, 10:34:44 UTC
Previous filing
10 Jan 2023
Next filing
27 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLY Class A Common Options Exercise $0 +742 +9.4% $0.000000 8,677 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +931 +11% $0.000000 9,608 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +625 +6.5% $0.000000 10,233 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1,556 +15% $0.000000 11,789 01 May 2023 Direct
transaction WLY Class A Common Tax liability $59,455 -1,556 -13% $38.21 10,233 01 May 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% $0.000000* 0 01 May 2023 Class A Common 742 Direct F2, F3, F4, F5
transaction WLY Restricted Stock Units Options Exercise $0 -931 -50% $0.000000 932 01 May 2023 Class A Common 931 Direct F2, F3, F6, F7
transaction WLY Restricted Stock Units Options Exercise $0 -625 -33% $0.000000 1,249 01 May 2023 Class A Common 625 Direct F2, F3, F7, F8
transaction WLY Restricted Stock Units Options Exercise $0 -1,556 -25% $0.000000 4,671 01 May 2023 Class A Common 1,556 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.