Michael D. Stornant - 09 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
09 Feb 2024
Net transactions value
-$27,794
Form type
4
Filing time
13 Feb 2024, 20:49:34 UTC
Previous filing
12 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 +4,568 +48% 14,137 09 Feb 2024 Direct F1
transaction WWW Common Stock Tax liability $11,392 -1,296 -9.2% $8.79 12,841 09 Feb 2024 Direct
transaction WWW Common Stock Options Exercise +3,085 +24% 15,926 09 Feb 2024 Direct F1
transaction WWW Common Stock Tax liability $7,691 -875 -5.5% $8.79 15,051 09 Feb 2024 Direct
transaction WWW Common Stock Award $0 +3,494 +23% $0.000000 18,545 09 Feb 2024 Direct
transaction WWW Common Stock Tax liability $8,711 -991 -5.3% $8.79 17,554 09 Feb 2024 Direct
holding WWW Common Stock 221,844 09 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 -4,568 -50% $0.000000 4,568 09 Feb 2024 Common Stock 4,568 Direct F1, F3
transaction WWW Restricted Stock Units Options Exercise $0 -3,085 -25% $0.000000 9,256 09 Feb 2024 Common Stock 3,085 Direct F1, F4
* 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 9, 2021, the reporting person was granted 15,226 restricted stock units, vesting as follows, subject to the reporting person's continued employment: 20%, 20%, 30% and 30% on each of the first, second, third and fourth year anniversaries of the grant date, respectively.
F4 On February 9, 2022, the reporting person was granted 15,426 restricted stock units, vesting as follows, subject to the reporting person's continued employment: 20%, 20%, 30% and 30% on each of the first, second, third and fourth year anniversaries of the grant date, respectively.