FORM 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE
COMMISSION		  
 
OMB APPROVAL
[  ] Check this box if no longer
      subject to Section 16. Form 4 or
      Form 5 obligations may continue.
      See Instruction 1(b).		 Washington, D.C. 20549
 
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
 		   OMB Number:    3235-0287
  Expires:  January 31, 2005
  Estimated average burden
  hours per response. ... 0.5
 
 
(Print or Type Responses)
 		 Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(h) of the Investment Company Act of 1940		  
  1.    Name and Address of Reporting Person*                                                                                                   
Sanders,                    Elizabeth                  A.

   (Last)                                         (First)                                        (Middle)		   4.    Statement for Month/Day/Year
   
   
        February 3, 2003
 
 
 
  P.O. Box 14

                                                          (Street)		   5.    If Amendment, Date of Original (Month/Day/Year)
  
  
 
 
 
Sutter Creek,                  California            95685-0014
    (City)                                         (State)                                            (Zip)		  
  2.    Issuer Name and Ticker or Trading Symbol  
 
   Wolverine World Wide, Inc. ("WWW")
 		   6.    Relationship of Reporting Person(s) to Issuer
                                    (Check all applicable)
     X        Director                                                     10% Owner
                  Officer (give title below)                        Other (specify below)
                           
                                                           
  3.    I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
 
 		   7.    Individual or Joint/Group Filing (Check Applicable Line)
            X     Form Filed by One Reporting Person
                 Form Filed by More than One Reporting Person
 
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
 
 1. Title of Security
      (Instr. 3)		 2.Transaction
   Date
   (Month/
   Day/Year)		 2A. Deemed
      Execution
      Date, if any
      (Month/
      Day/Year)		   3. Transaction
      Code
      (Instr. 8)		   4. Securities Acquired (A)
      or Disposed of (D)
      (Instr. 3, 4 and 5)		  5. Amount of
     Securities
     Beneficially
     Owned
     Following
     Reported
     Transaction(s)
     (Instr. 3 and 4)		 6.Ownership
   Form: Di-
   rect (D) or
   Indirect (I)
   (Instr. 4)		  7. Nature of
     Indirect
     Beneficial
     Ownership
     (Instr. 4)
      Code V Amount (A) or (D) Price      
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  
 
  
 
 
 
 
 
  
 

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FORM 4 (continued) Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)		  
1. Title of Derivative Security
    (Instr. 3)		 2. Conversion
    or Exercise
    Price of
    Derivative
    Security		 3. Transaction
    Date
    (Month/
    Day/Year)		 3A.Deemed
     Execution
     Date, if any
     (Month/
     Day/Year)		 4. Transaction
    Code
    (Instr. 8)		 5. Number of Derivative
    Securities Acquired (A)
    or Disposed of (D)
    (Instr. 3, 4, and 5)		 6. Date Exercisable
    and Expiration Date
    (Month/Day/Year)
         
Code		  
V		  
(A)		  
(D)		 Date
Exercisable		 Expiration
Date
Phantom Stock
(1)
2/3/03
   A   356.3
 
(1) (1)
 
 
 
        
 
   
 
 
 
       
 
   
 
 
 
       
 
   
 
 
 
       
 
   
 
 
 
       
 
   
 
 
 
       
 
   
 
 
 
       
 
   
 
 
 
       
 
   
 
 
 
       
 
   
 
 
 
        
 
    
7. Title and Amount of
    Underlying Securities (Instr. 3 and 4)		 8. Price of
    Derivative
    Security
    (Instr. 5)		 9. Number of Derivative
    Securities Beneficially
    Owned Following
    Reported Transaction(s)
    (Instr. 4)		 10. Ownership Form of
      Derivative Securities
      Beneficially Owned
      at End of Month
      (Instr. 4)		 11. Nature of Indirect
      Beneficial Ownership
      (Instr. 4)
 Title Amount or Number of Shares        
Common 356.3 $14.975 10,298.4 D  
           
           
           
           
           
           
           
           
           

Explanation of Responses:         
(1) Award of phantom stock pursuant to Outside Directors' Deferred Compensation Plan. Shares of common stock are issuable on a one-for-one basis in either a lump sum or installments after termination of service as a director or upon a change in control of the company.




       
       
By:    s/Elizabeth A. Sanders
  February 5, 2003
   **Signature of Reporting Person   Date
    Elizabeth A. Sanders    
    By Jeffrey A. Ott    
    Attorney-in-Fact    

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.  
*
**		 If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Intentional misstatements or omissions of facts constitute Federal Criminal Violations
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).		  
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure  

page 2 of 2

LIMITED POWER OF ATTORNEY

          The undersigned, a director and/or officer of Wolverine World Wide, Inc., a Delaware corporation ("Wolverine"), does hereby appoint BLAKE W. KRUEGER, STEPHEN L. GULIS, JR., JAMES D. ZWIERS, JEFFREY A. OTT, and JEFFREY S. BATTERSHALL, or any one or more of them, with full power of substitution, his or her attorneys and agents to do any and all acts and things and to execute and file any and all documents and instruments that such attorneys and agents, or any of them, consider necessary or advisable to enable the undersigned (in his or her individual capacity or in a fiduciary or other capacity) to comply with the Securities Act of 1933, as amended (the "Securities Act"), and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and any requirements of the Securities and Exchange Commission in respect thereof, in connection with his or her intended sale of any security related to Wolverine pursuant to Rule 144 issued under the Securities Act and the preparation, execution and filing of any report or statement of beneficial ownership or changes in beneficial ownership of securities of Wolverine that the undersigned (in his or her individual capacity or in a fiduciary or other capacity) may be required to file pursuant to Section 16(a) of the Exchange Act including, without limitation, full power and authority to sign the undersigned's name, in his or her individual capacity or in a fiduciary or other capacity, to any report or statement on Form 3, 4, 5 or 144, or to any amendments or any successor forms thereto, or any form or forms adopted by the Securities and Exchange Commission in lieu thereof or in addition thereto, hereby ratifying and confirming all that such attorneys and agents, or any of them, shall do or cause to be done by virtue hereof.

          The undersigned agrees that the attorneys-in-fact act as legal counsel to and/or officers of Wolverine in connection with the securities matters addressed herein, and do not represent the undersigned in his or her personal capacity in connection with such matters. The undersigned agrees that the attorneys-in-fact may rely entirely on information furnished orally or in writing by the undersigned or his or her authorized representative(s) to such attorneys-in-fact. The undersigned also agrees to indemnify and hold harmless Wolverine and the attorneys-in-fact against any losses, claims, damages or liabilities (or actions in respect thereof) that arise out of or are based upon any untrue statement or omission of necessary fact in the information provided by the undersigned or his or her authorized representative(s) to the attorneys-in-fact for purposes of executing, acknowledging, delivering or filing any such forms, or any amendments or any successor forms thereto, or any form or forms adopted by the Securities and Exchange Commission in lieu thereof or in addition thereto. The undersigned agrees to reimburse Wolverine and the attorneys-in-fact for any legal or other expenses reasonably incurred in connection with investigating or defending against any such loss, claim, damage, liability or action.

          This authorization shall supersede all prior authorizations to act for the undersigned with respect to securities of Wolverine in these matters, which prior authorizations are hereby revoked, and shall survive the termination of the undersigned's status as a director and/or officer of Wolverine and remain in effect thereafter for so long as the undersigned (in his or her individual capacity or in a fiduciary or other capacity) is subject to Rule 144 with respect to securities of Wolverine or has any obligation under Section 16 of the Exchange Act with respect to securities of Wolverine.



Date: August 22, 2002

  

/s/ Elizabeth A. Sanders
   

(Signature)
     
   

Elizabeth A. Sanders
   

(Print Name)