Brendan Hoffman - 09 Feb 2023 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
09 Feb 2023
Net transactions value
-$730,360
Form type
4
Filing time
13 Feb 2023, 18:48:57 UTC
Previous filing
10 Feb 2023
Next filing
04 Feb 2025
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 +9,936 +21% 58,093 09 Feb 2023 Direct F1
transaction WWW Common Stock Tax liability $76,113 -5,199 -8.9% $14.64 52,894 09 Feb 2023 Direct
transaction WWW Common Stock Options Exercise +10,658 +20% 63,552 09 Feb 2023 Direct F1
transaction WWW Common Stock Tax liability $80,125 -5,473 -8.6% $14.64 58,079 09 Feb 2023 Direct
transaction WWW Common Stock Award $0 +76,369 +131% $0.000000 134,448 09 Feb 2023 Direct
transaction WWW Common Stock Tax liability $574,122 -39,216 -29% $14.64 95,232 09 Feb 2023 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 -9,936 -25% $0.000000 29,808 09 Feb 2023 Common Stock 9,936 Direct F1, F2
transaction WWW Restricted Stock Units Options Exercise $0 -10,658 -20% $0.000000 42,636 09 Feb 2023 Common Stock 10,658 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 On February 9, 2022, the reporting person was granted 53,294 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.