BELL GEORGE 4
4 · JOHN WILEY & SONS, INC. · Filed Sep 29, 2023
Insider Transaction Report
Form 4
JOHN WILEY & SONS, INC.WLY, WLYB
BELL GEORGE
Director
Transactions
- Award
Phantom Stock Units
2023-09-28$37.29/sh+402$14,991→ 26,544 total→ Class A Common (402 underlying) - Award
Phantom Stock Units
2023-09-28$37.29/sh+3,218$119,999→ 29,762 total→ Class A Common (3,218 underlying)
Footnotes (3)
- [F1]1-for-1.
- [F2]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 on a one-for-one basis. 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.
- [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.