David C. Dobson - Sep 30, 2021 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
Director
Signature
Deirdre P. Silver
Stock symbol
WLY
Transactions as of
Sep 30, 2021
Transactions value $
$144,987
Form type
4
Date filed
10/4/2021, 04:26 PM
Previous filing
Jul 22, 2021
Next filing
Oct 29, 2021

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 Phantom Stock Units Award $120K +2.3K +19.15% $52.21 14.3K Sep 30, 2021 Class A Common 2.3K $0.00 Direct F1
transaction WLY Phantom Stock Units Award $25K +479 +3.35% $52.21 14.8K Sep 30, 2021 Class A Common 479 $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual director stock award issued pursuant to the 2018 Director Stock Plan and accrued under the Director Deferred Compensation Plan. Such shares will vest on the earliest of (i) the day before the next Annual Meeting, (ii) the director's death/disability, and (iii) a change in control event. Shares settled upon retirement from the Board in 100% of John Wiley & Sons, Inc. Class A Common stock.
F2 Quarterly cash retainer deferred pursuant to the Company's Deferred Compensation Plan for Directors. Settled upon reporting person's retirement in 100% Company Class A Shares.