Beth A. Birnbaum - Jan 11, 2024 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY, WLYB)

Role
Director
Signature
/s/ Marjorie Pierre-Merritt, Attorney-In-Fact
Stock symbol
WLY, WLYB
Transactions as of
Jan 11, 2024
Transactions value $
$6,279
Form type
4
Date filed
1/12/2024, 05:16 PM
Previous filing
Oct 27, 2023
Next filing
Apr 26, 2024

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, WLYB Phantom Stock Units Award $6.28K +198 +1.1% $31.71 18.2K Jan 11, 2024 Class A Common 198 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1-for-1.
F2 Represents additional Phantom Stock Units as a result of a quarterly dividend and deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors (the "Plan"). Shares settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock. Pursuant to the Plan, the reporting person will receive distribution of their deferred compensation in accordance with their distribution election in either a lump sum or in ratable installments over a period not to exceed 10 years.