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

Role
EVP & GM, Academic
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
May 1, 2023
Transactions value $
-$60,983
Form type
4
Date filed
5/3/2023, 11:17 AM
Previous filing
Mar 31, 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 +961 +18.54% $0.00 6.15K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1.58K +25.7% $0.00 7.72K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1.31K +16.95% $0.00 9.03K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1.63K +18.02% $0.00 10.7K May 1, 2023 Direct
transaction WLY Class A Common Tax liability -$61K -1.6K -14.97% $38.21 9.07K 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 -961 -100% $0.00* 0 May 1, 2023 Class A Common 961 Direct F2, F3, F4, F5, F6
transaction WLY Restricted Stock Units Options Exercise $0 -1.58K -49.98% $0.00 1.58K May 1, 2023 Class A Common 1.58K Direct F2, F3, F5, F7
transaction WLY Restricted Stock Units Options Exercise $0 -1.31K -33.34% $0.00 2.62K May 1, 2023 Class A Common 1.31K Direct F2, F3, F5, F8
transaction WLY Restricted Stock Units Options Exercise $0 -1.63K -25% $0.00 4.89K May 1, 2023 Class A Common 1.63K 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.