Brendan Hoffman - Feb 9, 2022 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Role
President and CEO, Director
Signature
/s/ David Latchana, by Power of Attorney
Stock symbol
WWW
Transactions as of
Feb 9, 2022
Transactions value $
-$600,520
Form type
4
Date filed
2/11/2022, 06:06 PM
Previous filing
Oct 28, 2021
Next filing
Mar 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +9.94K +101.53% 19.7K Feb 9, 2022 Direct F1
transaction WWW Common Stock Tax liability -$144K -5.33K -27.03% $27.02 14.4K Feb 9, 2022 Direct
transaction WWW Common Stock Award $0 +31.8K +220.97% $0.00 46.2K Feb 9, 2022 Direct
transaction WWW Common Stock Tax liability -$456K -16.9K -36.58% $27.02 29.3K Feb 9, 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 -9.94K -20% $0.00 39.7K Feb 9, 2022 Common Stock 9.94K Direct F1, F2
transaction WWW Restricted Stock Units Award $0 +53.3K $0.00 53.3K Feb 9, 2022 Common Stock 53.3K 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 49,679 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.