Brian A. Napack - Jun 30, 2023 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
President & CEO, Director
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
Jun 30, 2023
Transactions value $
-$860,551
Form type
4
Date filed
7/5/2023, 12:00 PM
Previous filing
May 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLY Class A Common Options Exercise $0 +60.6K +40.92% $0.00 209K Jun 30, 2023 Direct
transaction WLY Class A Common Tax liability -$861K -25.3K -12.11% $34.03 184K Jun 30, 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 -60.6K -100% $0.00* 0 Jun 30, 2023 Class A Common 60.6K Direct F2, F3, F4
* 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 Represents 60,637 Performance Stock Units granted on December 16, 2020 that settled as Restricted Stock Units on June 2, 2021 and scheduled to vest June 30, 2023. Restricted stockunits subject to forfeiture until vested.
F4 As a result of this transaction, all restricted stock units for this grant have vested.