Page 9 of 12 – SEC Filing of the total Class B Common Stock issued and outstanding as of such date. The 100 shares of Class A Common Stock represent approximately 0.0% of the total number of shares of Class A Common Stock and Class B Common Stock issued and outstanding as of August 17, 2016 and 0.0% of the total Class A Common Stock issued and outstanding as of such date. On an as-converted basis with respect to the Class B Common Stock beneficially owned by Ms. McMahon, the 566,770 shares of Class A Common Stock and Class B Common Stock which may be deemed to be beneficially owned by Ms. McMahon represent approximately 1.5% of the total Class A Common Stock issued and outstanding as of such date. Generally, each share of Class B Common Stock is entitled to ten votes per share. Accordingly, the 566,670 shares of Class B Common Stock and 100 shares of Class A Common Stock beneficially owned by Ms. McMahon generally represent approximately 1.4% of the Issuer’s total voting power. (ii) After the Sale, the GRAT does not beneficially own any shares of the Issuer’s Common Stock. (b)(i) Ms. McMahon has the sole power to direct the voting and the disposition of the 566,670 shares of Class B Common Stock and 100 shares of Class A Common Stock owned directly by Ms. McMahon. (ii) After the Sale, the GRAT does not have the power to direct the voting or the disposition of any shares of the Issuer’s Common Stock. (c) On August 17, 2016, the GRAT converted 1,547,372 shares of Class B Common Stock into an equal number of shares of the Company’s Class A Common Stock (the “Conversion”). On the same day, the GRAT sold all 1,547,372 of those shares of Class A Common Stock in a block sale for $19.32 per share (the “Sale”). Except for the Conversion and Sale, there have been no transactions with respect to the shares of the Issuer’s Class A or Class B Common Stock during the sixty (60) days prior to the date of this Amendment No. 4 by Ms. McMahon or the GRAT. (d) Not applicable (e) As a result of the Sale, as of August 17, 2016 Ms. McMahon is no longer a 5% beneficial owner of the Issuer. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. The information disclosed under the Introductory Note to this Amendment No. 4 is incorporated by reference. Except as described above, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among Ms. McMahon, the GRAT and any other person with
of the total Class B Common Stock issued and outstanding as of such date. The 100 shares of Class A Common Stock represent approximately 0.0% of the total number of shares of Class A Common Stock and Class B Common Stock issued and outstanding as of August 17, 2016 and 0.0% of the total Class A Common Stock issued and outstanding as of such date. On an as-converted basis with respect to the Class B Common Stock beneficially owned by Ms. McMahon, the 566,770 shares of Class A Common Stock and Class B Common Stock which may be deemed to be beneficially owned by Ms. McMahon represent approximately 1.5% of the total Class A Common Stock issued and outstanding as of such date. Generally, each share of Class B Common Stock is entitled to ten votes per share. Accordingly, the 566,670 shares of Class B Common Stock and 100 shares of Class A Common Stock beneficially owned by Ms. McMahon generally represent approximately 1.4% of the Issuer’s total voting power.
(ii) After the Sale, the GRAT does not beneficially own any shares of the Issuer’s Common Stock.
(b)(i) Ms. McMahon has the sole power to direct the voting and the disposition of the 566,670 shares of Class B Common Stock and 100 shares of Class A Common Stock owned directly by Ms. McMahon.
(ii) After the Sale, the GRAT does not have the power to direct the voting or the disposition of any shares of the Issuer’s Common Stock.
(c) On August 17, 2016, the GRAT converted 1,547,372 shares of Class B Common Stock into an equal number of shares of the Company’s Class A Common Stock (the “Conversion”). On the same day, the GRAT sold all 1,547,372 of those shares of Class A Common Stock in a block sale for $19.32 per share (the “Sale”). Except for the Conversion and Sale, there have been no transactions with respect to the shares of the Issuer’s Class A or Class B Common Stock during the sixty (60) days prior to the date of this Amendment No. 4 by Ms. McMahon or the GRAT.
(d) Not applicable
(e) As a result of the Sale, as of August 17, 2016 Ms. McMahon is no longer a 5% beneficial owner of the Issuer.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.
The information disclosed under the Introductory Note to this Amendment No. 4 is incorporated by reference.
Except as described above, there are no contracts, arrangements, understandings or relationships (legal or otherwise) among Ms. McMahon, the GRAT and any other person with
Follow World Wrestling Entertainment Llc (NYSE:WWE)
Follow World Wrestling Entertainment Llc (NYSE:WWE)
We may use your email to send marketing emails about our services. Click here to read our privacy policy.
