4//SEC Filing
MCMAHON VINCENT K 4
Accession 0000899243-23-018758
CIK 0001091907other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 5:40 PM ET
Size
12.1 KB
Accession
0000899243-23-018758
Insider Transaction Report
Form 4
MCMAHON VINCENT K
DirectorChairman of the Board10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2023-09-12−69,157→ 83,102 total - Award
Class A Common Stock
2023-09-12+31,141→ 152,259 total - Disposition to Issuer
Class A Common Stock
2023-09-12−83,102→ 0 total - Disposition to Issuer
Class B Common Stock
2023-09-12−28,682,948→ 0 total→ Class A Common Stock (28,682,948 underlying)
Footnotes (6)
- [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.
- [F2]Also includes shares acquired as a result of dividend accruals, all of which are exempt under Section 16.
- [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.
- [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.
- [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.
- [F6]N/A
Documents
Issuer
WORLD WRESTLING ENTERTAINMENT, LLC
CIK 0001091907
Entity typeother
Related Parties
1- filerCIK 0001233831
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 5:40 PM ET
- Size
- 12.1 KB