BRENDAN HOFFMAN - 26 Oct 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
Issuer symbol
WWW
Transactions as of
26 Oct 2022
Net transactions value
-$113,512
Form type
4
Filing time
28 Oct 2022, 18:52:13 UTC
Previous filing
09 Mar 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 +3,462 +10% 37,753 26 Oct 2022 Direct F1
transaction WWW Common Stock Tax liability $30,215 -1,768 -4.7% $17.09 35,985 26 Oct 2022 Direct
transaction WWW Common Stock Options Exercise +9,546 +27% 45,531 26 Oct 2022 Direct F1
transaction WWW Common Stock Tax liability $83,297 -4,874 -11% $17.09 40,657 26 Oct 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 -3,462 -25% $0.000000 10,386 26 Oct 2022 Common Stock 3,462 Direct F1, F2
transaction WWW Restricted Stock Units Options Exercise $0 -9,546 -33% $0.000000 19,092 26 Oct 2022 Common Stock 9,546 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.