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

Role
EVP & GM, Education Services
Signature
Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
02 May 2022
Net transactions value
-$85,456
Form type
4
Filing time
04 May 2022, 17:32:04 UTC
Previous filing
28 Jun 2021
Next filing
24 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 +2,633 +100% $0.000000 5,265 02 May 2022 Direct
transaction WLY Class A Common Options Exercise $0 +1,746 +33% $0.000000 7,011 02 May 2022 Direct
transaction WLY Class A Common Tax liability $85,456 -1,704 -24% $50.15 5,307 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 -1,746 -5.2% $0.000000 31,531 02 May 2022 Class A Common 1,746 $0.000000 Direct F2, F3, F4
transaction WLY Restricted Stock Units Options Exercise $0 -2,633 -8.4% $0.000000 28,898 02 May 2022 Class A Common 2,633 $0.000000 Direct F2, F3, 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 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 24, 2021, the reporting person was granted 6,984 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 26, 2020, the reporting person was granted 10,530 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.