John A. Kritzmacher - Dec 31, 2021 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
Former CFO and EVP
Signature
Deirdre P. Silver
Stock symbol
WLY
Transactions as of
Dec 31, 2021
Transactions value $
-$718,910
Form type
4
Date filed
1/6/2022, 05:35 PM
Previous filing
Oct 29, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLY Class A Common Options Exercise $0 +9.15K +15.77% $0.00 67.2K Dec 31, 2021 Direct
transaction WLY Class A Common Options Exercise $0 +8.09K +12.05% $0.00 75.3K Dec 31, 2021 Direct
transaction WLY Class A Common Options Exercise $0 +5.5K +7.31% $0.00 80.8K Dec 31, 2021 Direct
transaction WLY Class A Common Options Exercise $0 +1.79K +2.21% $0.00 82.6K Dec 31, 2021 Direct
transaction WLY Class A Common Tax liability -$719K -12.6K -15.21% $57.27 70K Dec 31, 2021 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 -1.79K -3.89% $0.00 44.2K Dec 31, 2021 Class A Common 1.79K $0.00 Direct F2
transaction WLY Restricted Stock Units Options Exercise $0 -5.5K -12.45% $0.00 38.7K Dec 31, 2021 Class A Common 5.5K $0.00 Direct F3
transaction WLY Restricted Stock Units Options Exercise $0 -8.09K -20.91% $0.00 30.6K Dec 31, 2021 Class A Common 8.09K $0.00 Direct F4
transaction WLY Restricted Stock Units Options Exercise $0 -9.15K -29.9% $0.00 21.5K Dec 31, 2021 Class A Common 9.15K $0.00 Direct 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 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 20, 2018, reporting person was granted restristed stock units totaling 7,154, which was scheduled to vest in four annual installments on April 30th of each year.
F3 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 27, 2019, reporting person was granted restristed stock units totaling 11,007, which was scheduled to vest in four annual installments on April 30th of each year.
F4 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 24, 2021, reporting person was granted restristed stock units totaling 8,093, which was scheduled to vest in four annual installments on April 30th of each year.
F5 Represents an accelerated vesting due to separation from the company (see 8k filed on 10/28/2021). On June 26, 2020, reporting person was granted restristed stock units totaling 12,201, which was scheduled to vest in four annual installments on April 30th of each year.