SEC Form 4 · accession 0000898432-17-001329
WORLD WRESTLING ENTERTAINMENTINC · WWE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent K McMahon
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Dec 21, 2017
Accepted (ET)
Dec 22, 2017 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001091907
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $.01 per shareF1 | Dec 21, 2017 | M | 3,340,000 | $0.00 | A | 3,340,000 | D | |
| Class A Common Stock, par value $.01 per shareF2,F3 | Dec 21, 2017 | S | 3,340,000 | $28.68 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, par value $.01 per shareF4,F5 | $0.00 | Dec 21, 2017 | M | 3,340,000 | D | — | — | Class A Common Stock, par value $.01 per share | 3,340,000 | 32,193,375 | D |
Explanation of responses
- F1Vincent K. McMahon ("Mr. McMahon") converted 3,340,000 shares of Class B Common Stock into 3,340,000 shares of Class A Common Stock on December 21, 2017.
- F2All 3,340,000 of the shares of Class A Common Stock were sold in a block sale at a price of $28.68 per share.
- F3Excludes 100 shares of Class A Common Stock and 566,670 shares of Class B Common Stock owned individually by Mr. McMahon's wife, Linda McMahon, the beneficial ownership of which has been reported separately by Linda McMahon and disclaimed by Mr. McMahon.
- F4Class B Common Stock is convertible, on a one-for-one basis, at any time into Class A Common Stock at the option of the holder.
- F5N/A