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

Role: SVP, Treasurer & Tax
Signature: /s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol: WLY
Transactions as of: May 1, 2023
Transactions value $: -$19,296
Form type: 4
Date filed: 5/3/2023, 12:11 PM
Previous filing: Jul 1, 2022
Next filing: Jun 22, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WLY	Class A Common	Options Exercise	$0	+388	+10.59%	$0.00	4.05K	May 1, 2023	Direct
transaction	WLY	Class A Common	Options Exercise	$0	+400	+9.87%	$0.00	4.45K	May 1, 2023	Direct
transaction	WLY	Class A Common	Options Exercise	$0	+279	+6.27%	$0.00	4.73K	May 1, 2023	Direct
transaction	WLY	Class A Common	Options Exercise	$0	+350	+7.4%	$0.00	5.08K	May 1, 2023	Direct
transaction	WLY	Class A Common	Tax liability	-$19.3K	-505	-9.94%	$38.21	4.58K	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	-388	-100%	$0.00^*	0	May 1, 2023	Class A Common	388		Direct	F2, F3, F4, F5, F6
transaction	WLY	Restricted Stock Units	Options Exercise	$0	-400	-50%	$0.00	400	May 1, 2023	Class A Common	400		Direct	F2, F3, F5, F7
transaction	WLY	Restricted Stock Units	Options Exercise	$0	-279	-33.37%	$0.00	557	May 1, 2023	Class A Common	279		Direct	F2, F3, F5, F8
transaction	WLY	Restricted Stock Units	Options Exercise	$0	-350	-24.96%	$0.00	1.05K	May 1, 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.