John A. Kritzmacher - 31 Dec 2021 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
Former CFO and EVP
Signature
Deirdre P. Silver
Issuer symbol
WLY
Transactions as of
31 Dec 2021
Net transactions value
-$718,910
Form type
4
Filing time
06 Jan 2022, 17:35:30 UTC
Previous filing
29 Oct 2021
Next filing
28 Jan 2022
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 +9,151 +16% $0.000000 67,171 31 Dec 2021 Direct
transaction WLY Class A Common Options Exercise $0 +8,093 +12% $0.000000 75,264 31 Dec 2021 Direct
transaction WLY Class A Common Options Exercise $0 +5,504 +7.3% $0.000000 80,768 31 Dec 2021 Direct
transaction WLY Class A Common Options Exercise $0 +1,789 +2.2% $0.000000 82,557 31 Dec 2021 Direct
transaction WLY Class A Common Tax liability $718,910 -12,553 -15% $57.27 70,004 31 Dec 2021 Direct F1

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 -1,789 -3.9% $0.000000 44,204 31 Dec 2021 Class A Common 1,789 $0.000000 Direct F2
transaction WLY Restricted Stock Units Options Exercise $0 -5,504 -12% $0.000000 38,700 31 Dec 2021 Class A Common 5,504 $0.000000 Direct F3
transaction WLY Restricted Stock Units Options Exercise $0 -8,093 -21% $0.000000 30,607 31 Dec 2021 Class A Common 8,093 $0.000000 Direct F4
transaction WLY Restricted Stock Units Options Exercise $0 -9,151 -30% $0.000000 21,456 31 Dec 2021 Class A Common 9,151 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units.
F2 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 20, 2018, reporting person was granted restristed stock units totaling 7,154, which was scheduled to vest in four annual installments on April 30th of each year.
F3 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 27, 2019, reporting person was granted restristed stock units totaling 11,007, which was scheduled to vest in four annual installments on April 30th of each year.
F4 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 24, 2021, reporting person was granted restristed stock units totaling 8,093, which was scheduled to vest in four annual installments on April 30th of each year.
F5 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 26, 2020, reporting person was granted restristed stock units totaling 12,201, which was scheduled to vest in four annual installments on April 30th of each year.