Brian A. Napack - May 2, 2022 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
President & CEO, Director
Signature
Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY
Transactions as of
May 2, 2022
Transactions value $
-$486,656
Form type
4
Date filed
5/4/2022, 06:31 PM
Previous filing
Jul 2, 2021
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLY Class A Common Options Exercise $0 +8.42K +8.82% $0.00 104K May 2, 2022 Direct F1
transaction WLY Class A Common Options Exercise $0 +7.22K +6.95% $0.00 111K May 2, 2022 Direct F1
transaction WLY Class A Common Options Exercise $0 +5.92K +5.32% $0.00 117K May 2, 2022 Direct F1
transaction WLY Class A Common Options Exercise $0 +4.36K +3.72% $0.00 121K May 2, 2022 Direct F1
transaction WLY Class A Common Tax liability -$487K -9.7K -7.99% $50.15 112K May 2, 2022 Direct F2

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 -4.36K -4% $0.00 105K May 2, 2022 Class A Common 4.36K $0.00 Direct F3, F4, F5
transaction WLY Restricted Stock Units Options Exercise $0 -5.92K -5.65% $0.00 98.7K May 2, 2022 Class A Common 5.92K $0.00 Direct F3, F4, F6
transaction WLY Restricted Stock Units Options Exercise $0 -7.22K -7.31% $0.00 91.5K May 2, 2022 Class A Common 7.22K $0.00 Direct F3, F4, F7
transaction WLY Restricted Stock Units Options Exercise $0 -8.42K -9.21% $0.00 83.1K May 2, 2022 Class A Common 8.42K $0.00 Direct F3, F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 0.00
F2 Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units.
F3 Restricted stock units convert into Class A common stock on a one-for-one basis.
F4 4/30/22 Vesting date was on a Saturday, therefore, transaction was processed on Monday (5/2/2022).
F5 On June 20, 2018, the reporting person was granted 17,432 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 24, 2021, the reporting person was granted 23,665 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.
F7 On June 27, 2019, the reporting person was granted 28,878 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.
F8 On June 26, 2020, the reporting person was granted 33,697 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.