Deirdre P. Silver - May 1, 2023 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
EVP, General Counsel
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
May 1, 2023
Transactions value $
-$37,064
Form type
4
Date filed
5/3/2023, 11:37 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 +118 +1.95% $0.00 6.16K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +991 +16.08% $0.00 7.16K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +842 +11.77% $0.00 8K May 1, 2023 Direct
transaction WLY Class A Common Options Exercise $0 +1.16K +14.49% $0.00 9.16K May 1, 2023 Direct
transaction WLY Class A Common Tax liability -$37.1K -970 -10.59% $38.21 8.19K May 1, 2023 Direct F1, F2

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 -118 -100% $0.00* 0 May 1, 2023 Class A Common 118 Direct F3, F4, F5, F6, F7
transaction WLY Restricted Stock Units Options Exercise $0 -991 -50% $0.00 991 May 1, 2023 Class A Common 991 Direct F3, F4, F6, F8
transaction WLY Restricted Stock Units Options Exercise $0 -842 -33.32% $0.00 1.69K May 1, 2023 Class A Common 842 Direct F3, F4, F6, F9
transaction WLY Restricted Stock Units Options Exercise $0 -1.16K -24.99% $0.00 3.48K May 1, 2023 Class A Common 1.16K Direct F3, F4, F6, F10
* 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 Outstanding beneficial ownership reported includes 334 shares acquired through automatic dividend reinvestment.
F3 1-for-1
F4 Vesting date of April 30, 2023 was a Sunday, therefore, the transaction was processed on the following Monday, May 1, 2023.
F5 On June 27, 2019, the reporting person was granted 469 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.
F6 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.
F7 As a result of this transaction, all restricted stock units for the June 27, 2019 grant have vested.
F8 On June 26, 2020, the reporting person was granted 3,964 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.
F9 On June 24, 2021, the reporting person was granted 3,369 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.
F10 On June 22, 2022, the reporting person was granted 4,638 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.