George Bell - Dec 14, 2023 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY, WLYB)

Role
Director
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY, WLYB
Transactions as of
Dec 14, 2023
Transactions value $
$15,000
Form type
4
Date filed
12/15/2023, 02:13 PM
Previous filing
Oct 27, 2023
Next filing
Jan 12, 2024

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 Phantom Stock Units Award $15K +458 +1.52% $32.75 30.6K Dec 14, 2023 Class A Common 458 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1-for-1.
F2 Quarterly deferral of annual cash retainer into stock units under the Deferred Compensation Plan. Shares settle upon separation of service from the Board in 100% of John Wiley & Sons, Inc. Class A Common stock on a one-for-one basis. Pursuant to the Deferred Compensation Plan, the reporting person will receive distribution of their deferred compensation in accordance with their distribution election in either a lump sum or in ratable installments over a period not to exceed 10 years.