Aref Matin - May 22, 2023 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
EVP, Chief Technology Officer
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
May 22, 2023
Transactions value $
-$110,521
Form type
4
Date filed
5/23/2023, 06:10 PM
Previous filing
May 3, 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 +9.81K +72.03% $0.00 23.4K May 22, 2023 Direct
transaction WLY Class A Common Tax liability -$111K -3.01K -12.84% $36.73 20.4K May 22, 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 -9.81K -100% $0.00* 0 May 22, 2023 Class A Common 9.81K Direct F2, F3, F4, F5
* 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 May 21, 2023 was a Sunday, therefore, the transaction was processed on the following Monday, May 22, 2023.
F4 On May 21, 2018, the reporting person was granted 29,433 restricted stock units to vest in equal parts on the third, fourth and fifth employment anniversay.
F5 As a result of this transaction, all restricted stock units for the May 21, 2018 grant have vested.