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

Role: EVP & GM, Talent
Signature: /s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol: WLY
Transactions as of: May 1, 2023
Transactions value $: -$96,098
Form type: 4
Date filed: 5/3/2023, 11:57 AM
Previous filing: Jun 24, 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	+2.63K	+49.59%	$0.00	7.94K	May 1, 2023	Direct
transaction	WLY	Class A Common	Options Exercise	$0	+1.75K	+21.99%	$0.00	9.69K	May 1, 2023	Direct
transaction	WLY	Class A Common	Options Exercise	$0	+2.17K	+22.43%	$0.00	11.9K	May 1, 2023	Direct
transaction	WLY	Class A Common	Tax liability	-$96.1K	-2.52K	-21.21%	$38.21	9.34K	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	-2.63K	-49.99%	$0.00	2.63K	May 1, 2023	Class A Common	2.63K		Direct	F2, F3, F4, F5
transaction	WLY	Restricted Stock Units	Options Exercise	$0	-1.75K	-33.33%	$0.00	3.49K	May 1, 2023	Class A Common	1.75K		Direct	F2, F3, F5, F6
transaction	WLY	Restricted Stock Units	Options Exercise	$0	-2.17K	-24.99%	$0.00	6.52K	May 1, 2023	Class A Common	2.17K		Direct	F2, F3, F5, F7

* 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 June 26, 2020, the reporting person was granted 10,530 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	On June 24, 2021, the reporting person was granted 6,984 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.
F7	On June 22, 2022, the reporting person was granted 8,691 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.