Christina van Tassell - 22 Nov 2023 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
EVP, Chief Financial Officer
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
22 Nov 2023
Net transactions value
-$199,900
Form type
4
Filing time
27 Nov 2023, 16:14:40 UTC
Previous filing
06 Nov 2023
Next filing
02 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLY, WLYB Class A Common Options Exercise $0 +11,964 +123% $0.000000 21,678 22 Nov 2023 Direct
transaction WLY, WLYB Class A Common Tax liability $199,900 -6,617 -31% $30.21 15,061 22 Nov 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, WLYB Restricted Stock Units Options Exercise $0 -11,964 -100% $0.000000* 0 22 Nov 2023 Class A Common 11,964 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 On November 22, 2021, the reporting person was granted 23,928 restricted stock units, vesting in two equal annual installments on November 22, 2022 and November 22, 2023, and are subject to forfeiture under the terms and conditions of the grant.
F4 As a result of this transaction, all restricted stock units granted on November 22, 2021 have vested.