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

Role: EVP, Chief People and Bus Ops
Signature: Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol: WLY
Transactions as of: 02 May 2022
Net transactions value: -$48,746
Form type: 4
Filing time: 04 May 2022, 14:50:20 UTC
Previous filing: 20 Apr 2022
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	+1,115	+108%	$0.000000	2,143	02 May 2022	Direct
transaction	WLY	Class A Common	Options Exercise	$0	+989	+46%	$0.000000	3,132	02 May 2022	Direct
transaction	WLY	Class A Common	Options Exercise	$0	+953	+30%	$0.000000	4,085	02 May 2022	Direct
transaction	WLY	Class A Common	Tax liability	$48,746	-972	-24%	$50.15	3,113	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	-953	-5.5%	$0.000000	16,281	02 May 2022	Class A Common	953	$0.000000	Direct	F2, F3, F4
transaction	WLY	Restricted Stock Units	Options Exercise	$0	-989	-6.1%	$0.000000	15,292	02 May 2022	Class A Common	989	$0.000000	Direct	F2, F3, F5
transaction	WLY	Restricted Stock Units	Options Exercise	$0	-1,115	-7.3%	$0.000000	14,177	02 May 2022	Class A Common	1,115	$0.000000	Direct	F2, F3, F6

* 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 November 11, 2019, the reporting person was granted 3811 restricted stock units, vesting in four equal annual installments, beginning 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 24, 2021, the reporting person was granted 3,957 restricted stock units, vesting in four equal annual installments, beginning 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 26, 2020, the reporting person was granted 4,460 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.