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JOHN WILEY & SONS, INC. — Director's Dealing 2022
Oct 3, 2022
31639_dirs_2022-10-03_5824f5f4-043c-4b75-8e45-2bf298520be7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: JOHN WILEY & SONS, INC. (WLY)
CIK: 0000107140
Period of Report: 2022-09-29
Reporting Person: BELL GEORGE (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-29 | Phantom Stock Units | $ | A | 392 | Acquired | Class A Common (392.0) | Direct | |
| 2022-09-29 | Phantom Stock Units | $ | A | 3140 | Acquired | Class A Common (3140.0) | Direct |
Footnotes
F1: Quarterly deferral of annual cash retainer into stock units under the Deferred Compensation Plan. Shares settled upon retirement from the Board in 100% of John Wiley & Sons, Inc. Class A Common stock. Pursuant to the Deferred Compensation Plan, the director will receive distribution of his/her deferred compensation in accordance with his/her distribution election in either a lump sum or in ratable installments over a period not to exceed 10 years.
F2: 1-for-1.
F3: Annual director stock award issued pursuant to the John Wiley and Sons, Inc. 2022 Omnibus Stock and Long-Term Incentive Plan and deferred under the Director Deferred Compensation Plan. Such shares will vest on the earliest of (i) the day before the next Annual Meeting, (ii) the director's death/disability, and (iii) a change in control event. Shares settled upon retirement from the Board in 100% of John Wiley & Sons, Inc. Class A Common stock. Pursuant to the Deferred Compensation Plan, the director will receive distribution of his/her deferred compensation in accordance with his/her distribution election in either a lump sum or in ratable installments over a period not to exceed 10 years.