<PAGE>

<TABLE>
 FORM 4                                UNITED STATES SECURITIES AND EXCHANGE COMMISSION                      OMB APPROVAL
[ ] CHECK THIS BOX IF NO LONGER                     WASHINGTON, D.C. 20549                          OMB Number           3235-0287
    SUBJECT TO SECTION 16. FORM                                                                     Expires:    September 30, 1998
    4 OR FORM 5 OBLIGATIONS              STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP               Estimated average burden
    MAY CONTINUE. SEE INSTRUC-                                                                      hours per response . . . . 0.5
    TION 1(B).
<CAPTION>
        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(f) of the Investment Company Act of 1940
(Print or Type Responses)
<S>                                          <C>                             <C>
1. Name and Address of Reporting Person*      2. Issuer Name and Ticker       5. If Amendment, Date of Original
                                                 or Trading Symbol               (Month/Year)
                                                 WOLVERINE WORLD WIDE,
   SCHRAGE       PAUL             D.             INC. ("WWW")
   (Last)       (First)        (Middle)                                       6. Relationship of Reporting Person(s) to Issuer
                                              3. IRS or Social Security                    (Check all applicable)
                                                 Number of Reporting             [X]  Director              ____ 10% Owner
   1405 MIDWEST CLUB                             Person (Voluntary)              ____ Officer (give title   ____ Other (specify
               (Street)                                                                        below                    below)
                                                                                         ______________________________

   OAKBROOK,    ILLINOIS          60523       4. Statement for Month/Year     7. Individual or Joint/Group Filing
   (City)       (State)           (Zip)                                          (Check Applicable Line)
                                                 JULY, 1997                      [X] Form filed by One Reporting Person
                                                                                 ___ Form filed by More than One Reporting Person
</TABLE>


<TABLE>
                            TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
<CAPTION>
1. Title of Security        2. Transaction Date    3. Transaction Code       4. Securities Acquired (A) or Disposed of (D)
   (Instr. 3)                  (Month/Day/Year)       (Instr. 8)                (Instr. 3, 4 and 5)
                                                       Code        V               Amount        (A) or (D)        Price
<S>                        <C>                    <C>                             <C>                <C>          <C>



5. Amount of Securities     6. Ownership Form:     7. Nature of Indirect
   Beneficially Owned          Direct (D) or          Beneficial Ownership
   at End of Month             Indirect (I)           (Instr. 4)
   (Instr. 3 and 4)            (Instr. 4)



<FN>

   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).
</FN>
</TABLE>


<PAGE>
FORM 4 (CONTINUED)

<TABLE>
                     TABLE II - DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                           (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
<CAPTION>
1. Title of Derivative Security     2. Conversion or     3. Transaction     4. Transaction Code    5. Number of Derivative
   (Instr. 3)                          Exercise Price       Date (Month/       (Instr. 8)             Securities Acquired (A)
                                       of Derivative        Day/Year)                                 or Disposed of (D)
                                       Security                                                       (Instr. 3, 4 and 5)
                                                                                Code       V              (A)         (D)
<S>                                   <C>                   <C>                  <C>                    <C>
Stock Option (Right to Buy)            $27.0625              7/8/97               A                      15,187






</TABLE>


<TABLE>
<CAPTION>
6. Date Exercisable and        7. Title and Amount of       8. Price of      9. Number of      10. Ownership        11. Nature of
   Expiration Date                Underlying Securities        Derivative       Derivative         Form of              Indirect
   (Month/Day/Year)               (Instr. 3 and 4)             Security         Securities         Derivative           Beneficial
                                             Amount or         (Instr. 5)       Beneficially       Security:            Ownership
    Date        Expiration                   Number of                          Owned at End       Direct (D)           (Instr. 4)
 Exercisable       Date           Title       Shares                            of Month           or Indirect
                                                                                (Instr. 4)         (I) (Instr. 4)
<S>             <C>           <C>            <C>                 <C>             <C>                    <C>              <C>
   7/8/97        7/7/07        Common Stock   15,187              N/A             15,187                 D




<FN>
Explanation of Responses:




**Intentional misstatements or omissions of facts constitute Federal        /S/ PAUL D. SCHRAGE                   AUGUST 8, 1997
  Criminal Violations.  SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).          **Signature of Reporting Person           Date
                                                                                Paul D. Schrage
Note: File three copies of this Form, one of which must be manually             By Jeffrey A. Ott
      signed.  If space is insufficient,                                        Attorney-in-Fact
      SEE Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number.
</FN>
</TABLE>


<PAGE>
                             POWER OF ATTORNEY

          The undersigned, a director and/or officer of Wolverine World
Wide, Inc., a Delaware corporation (the "Company"), does hereby nominate,
constitute and appoint Blake W. Krueger, Stephen L. Gulis, Jr. and Jeffrey A.
Ott, or any one or more of them, his or her true and lawful attorneys and
agents to do any and all acts and things and to execute and file any and
all instruments which such attorneys and agents, or any of them, may deem
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
Exchange Act of 1934, as amended (the "Act"), and any requirements of the
Securities and Exchange Commission in respect thereof, in connection with
the preparation, execution and filing of any report or statement of
beneficial ownership or changes in beneficial ownership of securities of
the Company 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 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 or 5, 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 named herein
may rely entirely on information furnished orally or in writing by the
undersigned to such attorneys-in-fact.  The undersigned also agrees to
indemnify and hold harmless the Company 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 to the
attorneys-in-fact for purposes of executing, acknowledging, delivering or
filing Forms 3, 4 or 5, 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, and agrees to reimburse the Company
and the attorneys-in-fact herein 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 the Company 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
the Company and remain in effect thereafter for so long as the undersigned
(in his or her individual capacity or in a fiduciary or other capacity) has
any obligation under Section 16 of the Act with respect to securities of
the Company.

Date:     7/8/97                   /S/ PAUL D. SCHRAGE
                                   Paul D. Schrage