Aref Matin - 21 May 2021 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role: EVP, Chief Technology Officer
Signature: Joanna Jia, Attorney-in-Fact
Issuer symbol: WLY
Transactions as of: 21 May 2021
Net transactions value: -$188,737
Form type: 4
Filing time: 24 May 2021, 20:04:44 UTC
Next filing: 04 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WLY	Class A Common	Options Exercise	$0	+9,811	+162%	$0.000000	15,854	21 May 2021	Direct	F1
transaction	WLY	Class A Common	Tax liability	$188,737	-3,014	-19%	$62.62	12,840	21 May 2021	Direct	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	Restricted Stock Units	Options Exercise	$0	-9,811	-25%	$0.000000	29,907	21 May 2021	Class A Common	9,811		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	$0.00
F2	Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units.
F3	Restricted stock units convert into Class A common stock on a one-for-one basis.
F4	On May 21, 2018, the reporting person was granted 29,433 restricted stock units to vest in equal parts on the third, fourth and fifth employment anniversay.