Aref Matin - 23 May 2022 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
EVP, Chief Technology Officer
Signature
Marjorie Pierre-Merritt, Attorney-In-Fact
Issuer symbol
WLY
Transactions as of
23 May 2022
Net transactions value
-$154,407
Form type
4
Filing time
25 May 2022, 18:08:47 UTC
Previous filing
04 May 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 +9,811 +137% $0.000000 16,995 23 May 2022 Direct
transaction WLY Class A Common Tax liability $154,407 -3,014 -18% $51.23 13,981 23 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 -9,811 -22% $0.000000 34,751 23 May 2022 Class A Common 9,811 $0.000000 Direct F2, F3, F4, 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 Weekend Vesting - Share vesting occured on Saturday, May 21, 2022; therefore, transaction was processed on Monday, May 23, 2022.
F4 On May 21, 2018, the reporting person was granted 29,433 restricted stock units to vest in equal parts on the third, fourth and fifth employment anniversay.
F5 Represents the number of total restricted stock units beneficially owned and outstanding as of May 25, 2022.