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

Role
EVP, Chief Technology Officer
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
22 May 2023
Net transactions value
-$110,521
Form type
4
Filing time
23 May 2023, 18:10:25 UTC
Previous filing
03 May 2023
Next filing
27 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 +9,811 +72% $0.000000 23,431 22 May 2023 Direct
transaction WLY Class A Common Tax liability $110,521 -3,009 -13% $36.73 20,422 22 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 -9,811 -100% $0.000000* 0 22 May 2023 Class A Common 9,811 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.