Brendan Hoffman - Oct 26, 2021 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Role
President, Director
Signature
/s/ David Latchana, by Power of Attorney
Stock symbol
WWW
Transactions as of
Oct 26, 2021
Transactions value $
-$210,243
Form type
4
Date filed
10/28/2021, 04:56 PM
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +3.46K +109.94% 6.61K Oct 26, 2021 Direct F1
transaction WWW Common Stock Tax liability -$56K -1.7K -25.65% $33.00 4.92K Oct 26, 2021 Direct
transaction WWW Common Stock Options Exercise +9.55K +194.2% 14.5K Oct 26, 2021 Direct F1
transaction WWW Common Stock Tax liability -$154K -4.68K -32.33% $33.00 9.79K Oct 26, 2021 Direct

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 -3.46K -20% $0.00 13.8K Oct 26, 2021 Common Stock 3.46K Direct F1, F2
transaction WWW Restricted Stock Units Options Exercise $0 -9.55K -25% $0.00 28.6K Oct 26, 2021 Common Stock 9.55K 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 The restricted stock units vest 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.
F3 The restricted stock units vest as follows, subject to the reporting person's continued employment: 25% on each of the first, second, third and fourth year anniversaries of the grant date.