Michael D. Stornant - 05 Feb 2023 Form 4 Insider Report for WOLVERINE WORLD WIDE INC /DE/ (WWW)

Signature
/s/ David Latchana, by Power of Attorney
Issuer symbol
WWW
Transactions as of
05 Feb 2023
Net transactions value
-$19,241
Form type
4
Filing time
07 Feb 2023, 16:17:45 UTC
Previous filing
13 Dec 2022
Next filing
08 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +3,526 3,526 05 Feb 2023 Direct F1
transaction WWW Common Stock Tax liability $19,241 -1,187 -34% $16.21 2,339 05 Feb 2023 Direct
holding WWW Common Stock 193,499 05 Feb 2023 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 -3,526 -50% $0.000000 3,526 05 Feb 2023 Common Stock 3,526 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 Shares held by the Michael D. Stornant Trust, of which the reporting person and his wife are the trustees.
F3 On February 5, 2020, the reporting person was granted 11,753 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.