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

Role
SVP, Treasurer & Tax
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
01 May 2023
Net transactions value
-$19,296
Form type
4
Filing time
03 May 2023, 12:11:19 UTC
Previous filing
01 Jul 2022
Next filing
22 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 +388 +11% $0.000000 4,052 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +400 +9.9% $0.000000 4,452 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +279 +6.3% $0.000000 4,731 01 May 2023 Direct
transaction WLY Class A Common Options Exercise $0 +350 +7.4% $0.000000 5,081 01 May 2023 Direct
transaction WLY Class A Common Tax liability $19,296 -505 -9.9% $38.21 4,576 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 -388 -100% $0.000000* 0 01 May 2023 Class A Common 388 Direct F2, F3, F4, F5, F6
transaction WLY Restricted Stock Units Options Exercise $0 -400 -50% $0.000000 400 01 May 2023 Class A Common 400 Direct F2, F3, F5, F7
transaction WLY Restricted Stock Units Options Exercise $0 -279 -33% $0.000000 557 01 May 2023 Class A Common 279 Direct F2, F3, F5, F8
transaction WLY Restricted Stock Units Options Exercise $0 -350 -25% $0.000000 1,052 01 May 2023 Class A Common 350 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 June 27, 2019, reporting person was granted 1,549 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 June 27, 2019 grant have vested.
F7 On June 26, 2020, reporting person was granted 1,600 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, reporting person was granted 1,114 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 22, 2022, reporting person was granted 1,402 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.