KRUEGER BLAKE W - 09 Feb 2022 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Role
Executive Chairman, Director
Signature
/s/ David Latchana, by Power of Attorney
Issuer symbol
WWW
Transactions as of
09 Feb 2022
Net transactions value
-$1,868,865
Form type
4
Filing time
11 Feb 2022, 17:57:21 UTC
Previous filing
09 Feb 2022
Next filing
18 Jan 2023
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 +16,876 +1.9% 911,223 09 Feb 2022 Direct F1
transaction WWW Common Stock Tax liability $198,813 -7,358 -0.81% $27.02 903,865 09 Feb 2022 Direct
transaction WWW Common Stock Award $0 +141,760 +16% $0.000000 1,045,625 09 Feb 2022 Direct
transaction WWW Common Stock Tax liability $1,670,052 -61,808 -5.9% $27.02 983,817 09 Feb 2022 Direct
holding WWW Common Stock 18,634 09 Feb 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 -16,876 -20% $0.000000 67,505 09 Feb 2022 Common Stock 16,876 Direct F1, F2
transaction WWW Restricted Stock Units Award $0 +203,553 $0.000000 203,553 09 Feb 2022 Common Stock 203,553 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.