Krueger Blake W - Feb 9, 2022 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Role
Executive Chairman, Director
Signature
/s/ David Latchana, by Power of Attorney
Stock symbol
WWW
Transactions as of
Feb 9, 2022
Transactions value $
-$1,868,865
Form type
4
Date filed
2/11/2022, 05:57 PM
Previous filing
Feb 9, 2022
Next filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +16.9K +1.89% 911K Feb 9, 2022 Direct F1
transaction WWW Common Stock Tax liability -$199K -7.36K -0.81% $27.02 904K Feb 9, 2022 Direct
transaction WWW Common Stock Award $0 +142K +15.68% $0.00 1.05M Feb 9, 2022 Direct
transaction WWW Common Stock Tax liability -$1.67M -61.8K -5.91% $27.02 984K Feb 9, 2022 Direct
holding WWW Common Stock 18.6K Feb 9, 2022 By Trust

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 -16.9K -20% $0.00 67.5K Feb 9, 2022 Common Stock 16.9K Direct F1, F2
transaction WWW Restricted Stock Units Award $0 +204K $0.00 204K Feb 9, 2022 Common Stock 204K 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 On February 9, 2021, the reporting person was granted 84,381 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.
F3 The restricted stock units vest 100% on the first year anniversary of the grant date, subject to the reporting person's continued employment.