Aref Matin - 01 Jul 2024 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY, WLYB)

Role
EVP, Chief Technology Officer
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY, WLYB
Transactions as of
01 Jul 2024
Transactions value $
-$179,362
Form type
4
Filing time
02 Jul 2024, 12:01:09 UTC
Previous filing
27 Jun 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 +9.64K +27.5% $0.00 44.7K 01 Jul 2024 Direct F1
transaction WLY, WLYB Class A Common Tax liability -$179K -4.41K -9.87% $40.69 40.3K 01 Jul 2024 Direct F1, F2

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 -9.64K -100% $0.00* 0 01 Jul 2024 Class A Common 9.64K Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Scheduled vesting date of June 30, 2024 is on a Sunday and, therefore, the shares vested on the following Monday, July 1 , 2024.
F2 Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units.
F3 1-for-1
F4 Represents 9,638 Performance Stock Units that settled and were granted as Restricted Stock Units on May 29, 2024 and scheduled to vest on June 30, 2024. Restricted stock units subject to forfeiture until vested.
F5 As a result of this transaction, all restricted stock units granted on May 29, 2024 have vested.