Christina van Tassell - 22 Nov 2021 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
EVP, Chief Financial Officer
Signature
Deirdre P. Silver
Issuer symbol
WLY
Transactions as of
22 Nov 2021
Net transactions value
$0
Form type
4
Filing time
24 Nov 2021, 12:41:50 UTC
Next filing
04 May 2022
SEC
View on sec.gov

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 Non-Qualified Stock Options Award $0 +20,000 $0.000000 20,000 22 Nov 2021 Class A Common 20,000 $63.07 Direct F1, F2
transaction WLY Restricted Stock Units Award $0 +23,928 $0.000000 23,928 22 Nov 2021 Class A Common 23,928 $0.000000 Direct F3, F4
transaction WLY Restricted Stock Units Award $0 +9,571 +40% $0.000000 33,499 22 Nov 2021 Class A Common 9,571 $0.000000 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Non-Qualified stock options granted at a premium price of $63.07.
F2 Non-qualified stock options to vest as follows: 10% on 4/30/2022; 20% on 4/30/2023, 30% on 4/30/2024 and 40% on 4/30/2025.
F3 Restricted stock units subject to forfeiture until vested.
F4 Restricted stock units vest in two equal annual installments on November 22, 2022 and November 22, 2023, and are subject to forfeiture under the terms and conditions of the grant.
F5 Restricted stock units vest in four equal annual installments, beginning on April 30, 2022, and are subject to forfeiture under the terms and conditions of the grant.