Michael D. Stornant - 08 Feb 2024 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Role
EVP, CFO and Treasurer
Signature
/s/ David Latchana, by Power of Attorney
Issuer symbol
WWW
Transactions as of
08 Feb 2024
Net transactions value
-$28,626
Form type
4
Filing time
12 Feb 2024, 16:48:31 UTC
Previous filing
09 Feb 2024
Next filing
13 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +10,547 +451% 12,886 08 Feb 2024 Direct F1
transaction WWW Common Stock Tax liability $28,626 -3,317 -26% $8.63 9,569 08 Feb 2024 Direct
holding WWW Common Stock 221,844 08 Feb 2024 By Trust F2

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 WWW Restricted Stock Units Options Exercise $0 -10,547 -33% $0.000000 21,093 08 Feb 2024 Common Stock 10,547 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into shares of Common Stock on a one-for-one basis.
F2 Shares held by the Michael D. Stornant Trust, of which the reporting person and his wife are the trustees.
F3 On February 8, 2023, the reporting person was granted 31,640 restricted stock units, vesting as follows, subject to the reporting person's continued employment: one-third on each of the first, second, and third year anniversaries of the grant date.