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

Role
EVP & GM, Academic
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
01 May 2023
Net transactions value
-$60,983
Form type
4
Filing time
03 May 2023, 11:17:58 UTC
Previous filing
31 Mar 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 +961 +19% $0.000000 6,145 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1,579 +26% $0.000000 7,724 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1,309 +17% $0.000000 9,033 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1,628 +18% $0.000000 10,661 01 May 2023 Direct
transaction WLY Class A Common Tax liability $60,983 -1,596 -15% $38.21 9,065 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 -961 -100% $0.000000* 0 01 May 2023 Class A Common 961 Direct F2, F3, F4, F5, F6
transaction WLY Restricted Stock Units Options Exercise $0 -1,579 -50% $0.000000 1,580 01 May 2023 Class A Common 1,579 Direct F2, F3, F5, F7
transaction WLY Restricted Stock Units Options Exercise $0 -1,309 -33% $0.000000 2,617 01 May 2023 Class A Common 1,309 Direct F2, F3, F5, F8
transaction WLY Restricted Stock Units Options Exercise $0 -1,628 -25% $0.000000 4,885 01 May 2023 Class A Common 1,628 Direct F2, F3, F5, 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 a Sunday, therefore, the transaction was processed on the following Monday, May 1, 2023.
F4 On August 19, 2019, the reporting person was granted 3,844 restricted stock units vesting 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.
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 As a result of this transaction, all restricted stock units for the August 19, 2019 grant have vested.
F7 On June 26, 2020, the reporting person was granted 6,318 restricted stock units, vesting 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.
F8 On June 24, 2021, the reporting person was granted 5,234 restricted stock units, vesting in four equal annual installments, beginning on April 30th of year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F9 On June 22, 2022, the reporting person was granted 6,513 restricted stock units, vesting in four equal annual installments, beginning on April 30th of year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.