Brendan Hoffman - Oct 26, 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
Oct 26, 2022
Transactions value $
-$113,512
Form type
4
Date filed
10/28/2022, 06:52 PM
Previous filing
Mar 9, 2022
Next filing
Dec 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +3.46K +10.1% 37.8K Oct 26, 2022 Direct F1
transaction WWW Common Stock Tax liability -$30.2K -1.77K -4.68% $17.09 36K Oct 26, 2022 Direct
transaction WWW Common Stock Options Exercise +9.55K +26.53% 45.5K Oct 26, 2022 Direct F1
transaction WWW Common Stock Tax liability -$83.3K -4.87K -10.7% $17.09 40.7K Oct 26, 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 -3.46K -25% $0.00 10.4K Oct 26, 2022 Common Stock 3.46K Direct F1, F2
transaction WWW Restricted Stock Units Options Exercise $0 -9.55K -33.33% $0.00 19.1K Oct 26, 2022 Common Stock 9.55K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Converts into shares of Common Stock on a one-for-one basis.
F2 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.
F3 The restricted stock units vest as follows, subject to the reporting person's continued employment: 25% on each of the first, second, third and fourth year anniversaries of the grant date.