KYLE HANSON - 09 Feb 2022 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Role
Sr. VP, Gen'l Counsel & Sec'y
Signature
/s/ David Latchana, by Power of Attorney
Issuer symbol
WWW
Transactions as of
09 Feb 2022
Net transactions value
-$81,844
Form type
4
Filing time
11 Feb 2022, 18:02:37 UTC
Previous filing
08 Feb 2022
Next filing
10 Jun 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 +1,490 +16% 10,723 09 Feb 2022 Direct F1
transaction WWW Common Stock Tax liability $13,105 -485 -4.5% $27.02 10,238 09 Feb 2022 Direct
transaction WWW Common Stock Award $0 +8,944 +87% $0.000000 19,182 09 Feb 2022 Direct
transaction WWW Common Stock Tax liability $68,739 -2,544 -13% $27.02 16,638 09 Feb 2022 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 -1,490 -20% $0.000000 5,962 09 Feb 2022 Common Stock 1,490 Direct F1, F2
transaction WWW Restricted Stock Units Award $0 +6,292 $0.000000 6,292 09 Feb 2022 Common Stock 6,292 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 7,452 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 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.