BRENDAN HOFFMAN - 26 Oct 2021 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
26 Oct 2021
Net transactions value
-$210,243
Form type
4
Filing time
28 Oct 2021, 16:56:27 UTC
Next filing
11 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWW Common Stock Options Exercise +3,462 +110% 6,611 26 Oct 2021 Direct F1
transaction WWW Common Stock Tax liability $55,968 -1,696 -26% $33.00 4,915 26 Oct 2021 Direct
transaction WWW Common Stock Options Exercise +9,545 +194% 14,460 26 Oct 2021 Direct F1
transaction WWW Common Stock Tax liability $154,275 -4,675 -32% $33.00 9,785 26 Oct 2021 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 -20% $0.000000 13,848 26 Oct 2021 Common Stock 3,462 Direct F1, F2
transaction WWW Restricted Stock Units Options Exercise $0 -9,545 -25% $0.000000 28,638 26 Oct 2021 Common Stock 9,545 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 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.