Michael D. Stornant - 09 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
09 Feb 2023
Net transactions value
-$115,041
Form type
4
Filing time
13 Feb 2023, 18:55:53 UTC
Previous filing
10 Feb 2023
Next filing
15 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +3,045 +65% 7,719 09 Feb 2023 Direct F1
transaction WWW Common Stock Tax liability $12,576 -859 -11% $14.64 6,860 09 Feb 2023 Direct
transaction WWW Common Stock Options Exercise +3,085 +45% 9,945 09 Feb 2023 Direct F1
transaction WWW Common Stock Tax liability $12,810 -875 -8.8% $14.64 9,070 09 Feb 2023 Direct
transaction WWW Common Stock Award $0 +21,599 +238% $0.000000 30,669 09 Feb 2023 Direct
transaction WWW Common Stock Tax liability $89,655 -6,124 -20% $14.64 24,545 09 Feb 2023 Direct
holding WWW Common Stock 193,499 09 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 -3,045 -25% $0.000000 9,136 09 Feb 2023 Common Stock 3,045 Direct F1, F3
transaction WWW Restricted Stock Units Options Exercise $0 -3,085 -20% $0.000000 12,341 09 Feb 2023 Common Stock 3,085 Direct F1, F4
* 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 9, 2021, the reporting person was granted 15,226 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.
F4 On February 9, 2022, the reporting person was granted 15,426 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.