Christopher Caridi - 01 Jul 2024 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
SVP, Corporate Controller
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
01 Jul 2024
Net transactions value
-$37,923
Form type
4
Filing time
02 Jul 2024, 12:21:47 UTC
Previous filing
27 Jun 2024
Next filing
02 May 2025
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 +904 +10% $0.000000 9,749 01 Jul 2024 Direct F1
transaction WLY, WLYB Class A Common Options Exercise $0 +1,677 +17% $0.000000 11,426 01 Jul 2024 Direct F1
transaction WLY, WLYB Class A Common Tax liability $37,923 -932 -8.2% $40.69 10,494 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 -904 -25% $0.000000 2,715 01 Jul 2024 Class A Common 904 Direct F1, F3, F4
transaction WLY, WLYB Restricted Stock Units Options Exercise $0 -1,677 -100% $0.000000* 0 01 Jul 2024 Class A Common 1,677 Direct F1, F3, F5, F6
* 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 On June 23, 2023, the reporting person was granted 3,619 restricted stock units, vesting in four equal annual installments, beginning on June 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F5 Represents 1,677 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.
F6 As a result of this transaction, all restricted stock units granted on May 29, 2024 have vested.