Brian A. Napack - 24 Jun 2021 Form 4 Insider Report for JOHN WILEY & SONS, INC. (WLY)

Role
President & CEO, Director
Signature
Deirdre P. Silver
Issuer symbol
WLY
Transactions as of
24 Jun 2021
Transactions value $
$0
Form type
4
Filing time
28 Jun 2021, 17:40:59 UTC
Previous filing
04 Jun 2021
Next filing
02 Jul 2021
SEC
View on sec.gov

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 Non-Qualified Stock Options Award $0 +20,000 $0 20,000 24 Jun 2021 Class A Common 20,000 $63.07 Direct F1, F2
transaction WLY Restricted Stock Units Award $0 +23,665 +27.73% $0 109,000 24 Jun 2021 Class A Common 23,665 $0 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock options granted at 10% premium over closing stock price at date of grant.
F2 Non-qualified stock options to vest as follows: 10% on 4/30/2022; 20% on 4/30/2023, 30% on 4/30/2024 and 40% on 4/30/2025.
F3 Restricted stock units subject to forfeiture until vested.
F4 Restricted stock units vest in four equal annual installments, beginning on April 30, 2022, and are subject to forfeiture under the terms and conditions of the grant.