Michael D. Stornant - 09 Feb 2022 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Role
Senior VP, CFO and Treasurer
Signature
/s/ David Latchana, by Power of Attorney
Issuer symbol
WWW
Transactions as of
09 Feb 2022
Net transactions value
-$300,706
Form type
4
Filing time
11 Feb 2022, 17:59:50 UTC
Previous filing
09 Feb 2022
Next filing
13 Dec 2022
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 +3,045 +62% 7,957 09 Feb 2022 Direct F1
transaction WWW Common Stock Tax liability $38,017 -1,407 -18% $27.02 6,550 09 Feb 2022 Direct
transaction WWW Common Stock Award $0 +21,042 +321% $0.000000 27,592 09 Feb 2022 Direct
transaction WWW Common Stock Tax liability $262,688 -9,722 -35% $27.02 17,870 09 Feb 2022 Direct
holding WWW Common Stock 173,129 09 Feb 2022 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 -3,045 -20% $0.000000 12,181 09 Feb 2022 Common Stock 3,045 Direct F1, F3
transaction WWW Restricted Stock Units Award $0 +15,426 $0.000000 15,426 09 Feb 2022 Common Stock 15,426 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 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.