Brendan Hoffman - Feb 9, 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
Stock symbol
WWW
Transactions as of
Feb 9, 2023
Transactions value $
-$730,360
Form type
4
Date filed
2/13/2023, 06:48 PM
Previous filing
Feb 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +9.94K +20.63% 58.1K Feb 9, 2023 Direct F1
transaction WWW Common Stock Tax liability -$76.1K -5.2K -8.95% $14.64 52.9K Feb 9, 2023 Direct
transaction WWW Common Stock Options Exercise +10.7K +20.15% 63.6K Feb 9, 2023 Direct F1
transaction WWW Common Stock Tax liability -$80.1K -5.47K -8.61% $14.64 58.1K Feb 9, 2023 Direct
transaction WWW Common Stock Award $0 +76.4K +131.49% $0.00 134K Feb 9, 2023 Direct
transaction WWW Common Stock Tax liability -$574K -39.2K -29.17% $14.64 95.2K Feb 9, 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 -9.94K -25% $0.00 29.8K Feb 9, 2023 Common Stock 9.94K Direct F1, F2
transaction WWW Restricted Stock Units Options Exercise $0 -10.7K -20% $0.00 42.6K Feb 9, 2023 Common Stock 10.7K 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.