Jay Flynn - 02 May 2022 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
EVP and GM, Research
Signature
Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
02 May 2022
Net transactions value
-$53,610
Form type
4
Filing time
04 May 2022, 14:40:11 UTC
Previous filing
29 Sep 2021
Next filing
03 Jun 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 +931 $0.000000 931 02 May 2022 Direct
transaction WLY Class A Common Options Exercise $0 +741 +80% $0.000000 1,672 02 May 2022 Direct
transaction WLY Class A Common Options Exercise $0 +624 +37% $0.000000 2,296 02 May 2022 Direct
transaction WLY Class A Common Options Exercise $0 +402 +18% $0.000000 2,698 02 May 2022 Direct
transaction WLY Class A Common Tax liability $53,610 -1,069 -40% $50.15 1,629 02 May 2022 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 -402 -100% $0.000000* 0 02 May 2022 Class A Common 402 $0.000000 Direct F2, F3, F4
transaction WLY Restricted Stock Units Options Exercise $0 -741 -50% $0.000000 742 02 May 2022 Class A Common 741 $0.000000 Direct F2, F3, F5
transaction WLY Restricted Stock Units Options Exercise $0 -624 -25% $0.000000 1,874 02 May 2022 Class A Common 624 $0.000000 Direct F2, F3, F6
transaction WLY Restricted Stock Units Options Exercise $0 -931 -14% $0.000000 5,686 02 May 2022 Class A Common 931 $0.000000 Direct F2, F3, F7
* 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 Restricted stock units convert into Class A common stock on a one-for-one basis.
F3 4/30/22 vesting date was on a Saturday, therefore, transaction was processed on Monday (5/2/2022).
F4 On June 20, 2018, reporting person was granted 1,606 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F5 On June 27, 2019, reporting person was granted 2,965 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F6 On June 24, 2021, reporting person was granted 2,498 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
F7 On June 26, 2020, reporting person was granted 3,725 restricted stock units to vest in four equal installments on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.