SEC Form 4 · accession 0001140361-15-031009
WORLD WRESTLING ENTERTAINMENTINC · WWE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephanie Levesque
Officer — Chief Brand Officer · Director
Period of report
Aug 7, 2015
Accepted (ET)
Aug 11, 2015 · 4:44 pm EDT
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,F2 | Aug 7, 2015 | M | 609,733 | — | A | 609,733 | I | By Trust |
| Class A Common Stock, par value $.01 per shareF4,F2 | Aug 10, 2015 | S | 46,794 | $21.64 | D | 562,939 | I | By Trust |
| Class A Common Stock, par value $.01 per shareF5,F2 | Aug 11, 2015 | S | 59,137 | $20.68 | D | 503,802 | I | By Trust |
| Class A Common Stock, par value $.01 per shareF6 | holding | — | — | — | 63,527 | 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 shareF7,F8 | $0.00 | Aug 7, 2015 | M | 609,733 | A | — | — | Class A Common Stock, par value $.01 per share | 609,733 | 0 | I |
| Class B Common Stock, par value $.01 per shareF7,F9,F8 | $0.00 | holding | — | — | — | — | — | Class A Common Stock, par value $.01 per share | 1,849,393 | 1,849,393 | I |
Explanation of responses
- F1Stephanie Levesque converted 609,733 shares of Class B Common Stock into 609,733 shares of Class A Common Stock on August 7, 2015.
- F2Stephanie Levesque is the sole beneficiary and Investment Director of the Stephanie McMahon Levesque Trust U/A Vincent K. McMahon Irrev. Trust dtd. 6/24/04 ("2004 Trust"). As Investment Director, Stephanie Levesque has sole voting and investment power and authority over shares of WWE stock held by the 2004 Trust.
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2015, which adoption was publicly disclosed by the Issuer in a Form 8-K filed with the Securities and Exchange Commission on May 29, 2015.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.17 to $22.17, inclusive. The reporting person undertakes to provide to World Wrestling Entertainment, Inc., any security holder of World Wrestling Entertainment, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4) and (5) to this Form 4.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.67 to $20.97, inclusive.
- F6Excludes securities owned by Stephanie Levesque's husband, Paul Levesque, the beneficial ownership of which is reported separately by Paul Levesque and disclaimed by Stephanie Levesque.
- F7Class 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.
- F8N/A
- F9Stephanie Levesque is the beneficiary and Investment Director of the Stephanie McMahon Levesque Trust u/a Vincent K. McMahon Irrev. Trust dtd. 12/23/2008 ("2008 Trust"). As Investment Director, Stephanie Levesque has sole investment power and authority over shares of WWE stock held by the 2008 Trust.