4//SEC Filing
Edelson Maurice F 4
Accession 0000950142-23-002392
CIK 0001091907other
Filed
Sep 11, 8:00 PM ET
Accepted
Sep 12, 4:50 PM ET
Size
9.5 KB
Accession
0000950142-23-002392
Insider Transaction Report
Form 4
Edelson Maurice F
EVP, Chief Legal Officer
Transactions
- Award
Class A Common Stock
2023-09-12+5,432→ 18,452 total - Disposition to Issuer
Class A Common Stock
2023-09-12−18,452→ 0 total - Disposition to Issuer
Class A Common Stock
2023-09-12−0→ 18,452 total
Footnotes (4)
- [F1]In connection with the closing of the transactions under the Transaction Agreement, dated as of April 2, 2023 (the "Transaction Agreement"), among World Wrestling Entertainment, LLC (f/k/a World Wrestling Entertainment, Inc., "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., WWE performance stock units ("PSUs"), 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]Pursuant to the Transaction Agreement, each share of WWE Class A common stock was converted into the right to receive one share of TKO Class A common stock.
- [F3]Pursuant to the Transaction Agreement, each outstanding award of WWE RSUs was converted into an award of TKO's 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.
- [F4]Includes 40 shares of dividend accruals not previously reported because such acquisitions are exempt under Section 16.
Documents
Issuer
WORLD WRESTLING ENTERTAINMENT, LLC
CIK 0001091907
Entity typeother
Related Parties
1- filerCIK 0001946046
Filing Metadata
- Form type
- 4
- Filed
- Sep 11, 8:00 PM ET
- Accepted
- Sep 12, 4:50 PM ET
- Size
- 9.5 KB