Aref Matin - 30 Apr 2024 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
30 Apr 2024
Net transactions value
-$164,256
Form type
4
Filing time
02 May 2024, 08:29:20 UTC
Previous filing
06 Nov 2023
Next filing
31 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 +1,908 +6.4% $0.000000 31,844 30 Apr 2024 Direct
transaction WLY, WLYB Class A Common Options Exercise $0 +1,890 +5.9% $0.000000 33,734 30 Apr 2024 Direct
transaction WLY, WLYB Class A Common Options Exercise $0 +2,352 +7% $0.000000 36,086 30 Apr 2024 Direct
transaction WLY, WLYB Class A Common Options Exercise $0 +3,329 +9.2% $0.000000 39,415 30 Apr 2024 Direct
transaction WLY, WLYB Class A Common Tax liability $164,256 -4,372 -11% $37.57 35,043 30 Apr 2024 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 -1,908 -100% $0.000000* 0 30 Apr 2024 Class A Common 1,908 Direct F2, F3, F4
transaction WLY, WLYB Restricted Stock Units Options Exercise $0 -1,890 -50% $0.000000 1,890 30 Apr 2024 Class A Common 1,890 Direct F2, F5
transaction WLY, WLYB Restricted Stock Units Options Exercise $0 -2,352 -33% $0.000000 4,704 30 Apr 2024 Class A Common 2,352 Direct F2, F6
transaction WLY, WLYB Restricted Stock Units Options Exercise $0 -3,329 -25% $0.000000 9,989 30 Apr 2024 Class A Common 3,329 Direct F2, F7
* 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 June 26, 2020, the reporting person was granted 7,631 restricted stock units, vesting in four equal annual installments beginning on April 30th of each year after grant. Restricted stock units 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 June 26, 2020 have vested.
F5 On June 24, 2021, the reporting person was granted 7,560 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F6 On June 22, 2022, reporting person was granted 9,407 restricted share units, vesting in four equal annual installments beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F7 On June 23, 2023, the reporting person was granted 13,318 restricted stock units, vesting in four equal annual installments beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.