SEC Form 4 · accession 0001225208-17-008897
JOHN WILEY & SONS, INC. · WLY, WLYB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reed Elfenbein
Officer — SVP, International Development
Period of report
Apr 30, 2017
Accepted (ET)
May 2, 2017 · 8:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000107140
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common | Apr 30, 2017 | M | 1,389 | $0.00 | A | 12,260 | D | |
| Class A Common | Apr 30, 2017 | M | 615 | $0.00 | A | 12,875 | D | |
| Class A CommonF1 | Apr 30, 2017 | M | 435 | $0.00 | A | 13,310 | D | |
| Class A CommonF2 | Apr 30, 2017 | F | 1,206 | $52.70 | D | 12,104 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Performance UnitsF3,F4 | $0.00 | Apr 30, 2017 | M | 1,389 | D | — | — | Class A Common | 1,389 | 1,390 | D |
| Restricted Stock UnitsF5,F6 | — | Apr 30, 2017 | M | 435 | D | — | — | Class A Common | 435 | 1,304 | D |
| Restricted Stock UnitsF5,F7 | $0.00 | Apr 30, 2017 | M | 615 | D | — | — | Class A Common | 615 | 1,468 | D |
Explanation of responses
- F1$0.00
- F2Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units and performance share units.
- F3Restricted performance units convert into Class A common stock on a one-for-one basis.
- F4Restricted performance units vest 50% of payout grant on each of the 4th and 5th anniversaries of the underlying performance stock unit grant.
- F5Restricted stock units convert into Class A common stock on a one-for-one basis.
- F6On June 22, 2016, the reporting person was granted 1,739 restricted stock units, vesting in four equal annual installments beginning on April 30, 2017.
- F7This exercise consists of 417 units represented by a settlement of PSU's granted as RSU's on June 24, 2015, and 198 units represented by the grant of 790 RSU's on June 24, 2015 vesting in four equal annual installments on April 30th following the initial award date.