Key facts
- This page summarizes Vincent K. McMahon's Form 4 filing for WORLD WRESTLING ENTERTAINMENT, LLC.
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 12 Sep 2023, 17:40.
Vincent K. McMahon - 12 Sep 2023 Form 4 Insider Report for WORLD WRESTLING ENTERTAINMENT, LLC
- Reporting relationship
- Executive Chairman, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 12 Sep 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 12 Sep 2023, 17:40:04 UTC
- Prior SEC filing
- 30 Mar 2023
- Next SEC filing
- 14 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Vincent K. McMahon
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Vincent K. McMahon filed Form 4 for WORLD WRESTLING ENTERTAINMENT, LLC on 12 Sep 2023.
Change
- Previous filing in this sequence was filed on 30 Mar 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WWE
transaction
Class A Common Stock
Award
- Transaction value
- Shares
- +31,141
- Change %
- +26%
- Price
- Shares after
- 152,259
- Date
- 12 Sep 2023
- Ownership
- Direct
- Footnotes
- F1, F2
WWE
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -69,157
- Change %
- -45%
- Price
- Shares after
- 83,102
- Date
- 12 Sep 2023
- Ownership
- Direct
- Footnotes
- F2, F3, F4
WWE
transaction
Class A Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -83,102
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 12 Sep 2023
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WWE
transaction
Derivative
Class B Common Stock
Disposed to Issuer
- Transaction value
- $0
- Shares
- -28,682,948
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 12 Sep 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 28,682,948
- Exercise price
- Footnotes
- F4, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Vincent K. McMahon is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
In connection with the closing of the transactions under the Transaction Agreement (as defined below), performance stock units of World Wrestling Entertainment, LLC (f/k/a World Wrestling Entertainment, Inc., "WWE"), which were granted in February 2023, subject to financial and/or operational performance goals, were equitably adjusted into time-based WWE restricted stock units ("RSUs") at target level, subject to vesting over three years. Each WWE RSU reflects the right to receive one share of WWE Class A common stock following vesting.
Footnote F2
Also includes shares acquired as a result of dividend accruals, all of which are exempt under Section 16.
Footnote F3
Excludes 100 shares of Class A common stock of WWE owned individually by Mr. McMahon's wife, Linda McMahon. Mr. McMahon disclaims beneficial ownership of those shares.
Footnote F4
Pursuant to the Transaction Agreement, dated as of April 2, 2023, among WWE, Endeavor Group Holdings, Inc., Endeavor Operating Company, LLC, TKO Operating Company, LLC (f/k/a Zuffa Parent, LLC), TKO Group Holdings, Inc. (f/k/a New Whale Inc., "TKO") and Whale Merger Sub Inc (the "Transaction Agreement"), each share of WWE common stock was converted into the right to receive one share of TKO Class A common stock.
Footnote F5
Pursuant to the Transaction Agreement, each outstanding award of time-based WWE RSUs was converted into an award of TKO RSUs, on the same terms and conditions as were applicable under the original WWE RSUs immediately prior to the effective time of the conversion (including any provisions for acceleration) on a one-to-one basis.
Footnote F6
N/A