sc-13ga.htm
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
 
WORLD WRESTLING ENTERTAINMENT, INC.

(Name of Issuer)
 
Class A Common Stock, $0.01 par value

 (Title of Class of Securities)
 
98156Q108

(CUSIP Number)
 
December 31, 2013

(Date of Event Which Requires Filing of this Statement)
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
/     /
Rule 13d-1(b)
/ X /
Rule 13d-1(c)
/    /
 
Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
 
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of the section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 
 
1.
Names of Reporting Persons.
 
     
 
Shane B. McMahon
 
 
 
           
2.
Check the Appropriate Box if a Member of a Group
 
     
 
(a)
       
           
 
(b)
       
           
3.
SEC Use Only
     
             
           
4.
Citizenship or Place of Organization
United States
 
           
Number of
Shares
Beneficially
Owned by
Each Reporting
Person
With:
5.
Sole Voting Power
41,811
 
       
6.
Shared Voting Power
0
 
       
7.
Sole Dispositive Power
1,541,204
 
       
8.
Shared Dispositive Power
0
 
           
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,541,204
 
           
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
   
           
11.
Percent of Class Represented by Amount in Row (9)
4.7%
 
           
12.
Type of Reporting Person
IN
 
 
 
Page 2 of 9 pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 

1.
Names of Reporting Persons.
   
       
 
Shane B. McMahon Trust u/a
   
 
Vincent K. McMahon Irrev Trust dtd. 12/23/2008
     
         
2.
Check the Appropriate Box if a Member of a Group
   
       
 
(a)
       
           
 
(b)
       
           
3.
SEC Use Only
     
             
        State of  
4.
Citizenship or Place of Organization
Connecticut
 
           
Number of
Shares
Beneficially
Owned by
Each Reporting
Person
With:
5.
Sole Voting Power
1,499,393
 
       
6.
Shared Voting Power
0
 
       
7.
Sole Dispositive Power
1,499,393
 
       
8.
Shared Dispositive Power
0
 
           
9.
Aggregate Amount Beneficially Owned by Each Reporting Person
1,499,393
 
       
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
   
       
11.
Percent of Class Represented by Amount in Row (9)
4.6%
 
       
12.
Type of Reporting Person
OO
 
 
 
Page 3 of 9 pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 
Explanatory Note

This Statement on Schedule 13G/A relates to the 1,499,393 shares of the Class B Common Stock, $.01 par value per share (“Class B Common Stock”), of World Wrestling Entertainment, Inc. (the “Company”) held by the Shane B. McMahon Trust u/a Vincent K. McMahon Irrev. Trust dtd. 12/23/2008 (the “Trust”) and shares of the Company’s Class A Common Stock, $.01 par value per share (“Class A Common Stock”), beneficially owned by Shane B. McMahon.  Shane McMahon is the beneficiary and Investment Director of the Trust, and possesses sole dispositive control over the shares of Class B Common Stock held by the Trust.  Shares of Class B Common Stock are fully convertible into shares of Class A Common Stock, on a one-for-one basis, at any time at the option of the holder.

Item 1.
 
   
 
(a)
 
Name of Issuer
 
 
    World Wrestling Entertainment, Inc.  
         
  (b)  Address of Issuer’s Principal Executive Offices   
         
   
1241 East Main Street
Stamford, Connecticut 06902
 
       
Item 2.  
       
  (a)     This Statement on Schedule 13G/A is filed on behalf of each of the following persons (collectively, the “Reporting Persons”):  
   
 
 
(i)
Shane B. McMahon (“Mr. McMahon”)
 
       
 
 
(ii)
Shane B. McMahon Trust u/a
 
     
Vincent K. McMahon Irrev. Trust dtd. 12/23/2008 (the “Trust”)
 
         
  (b) The address of the Principal Business Office of the Reporting Persons is:  
   
   
c/o World Wrestling Entertainment, Inc.
 
   
1241 East Main Street
 
   
Stamford, Connecticut 06902
 
         
  (c) Citizenship:  
   
    (i) 
Mr. McMahon is a citizen of the United States of America.
 
       
    (ii) 
The Trust is an entity organized under the laws of the State of Connecticut.
 
         
 
 
Page 4 of 9 pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 
 
(d)
Title of Class of Securities
 
       
   
Class A Common Stock, $0.01 par value
 
       
 
(e)
CUSIP Number
 
       
   
98156Q108
 
 
Item 3.
 
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
     
(a)
/   /
 
Broker or dealer registered under section 15 of the Act;
       
(b)
/   /
 
Bank as defined in section 3(a)(6) of the Act;
       
(c)
/   /
 
Insurance company as defined in section 3(a)(19) of the Act;
       
(d)
/   /
 
Investment company registered under section 8 of the Investment Company Act of 1940;
       
(e)
/   /
 
An investment adviser in accordance with §240.13d-1(b)(l)(ii)(E);
       
(f)
/   /
 
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
       
(g)
/   /
 
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
       
(h)
/   /
 
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act;
       
(i)
/   /
 
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
       
(j)
/   /
 
A non-U.S. institution, in accordance with §240.13d-1(b)(l)(ii)(J);
       
(k)
/   /
 
Group, in accordance with §240.13d-1(b)(l)(ii)(K)
       
Item 4.
   
Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 
Mr. McMahon:
 
 
Page 5 of 9 pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 
           
 
(a)
Amount beneficially owned:
1,541,204
 
           
 
(b)
Percent of class:
4.7%
 
           
 
(c)
Number of shares as to which such person has:
   
           
   
(i)
Sole power to vote or to direct the vote
41,811
 
           
   
(ii)
Shared power to vote or to direct the vote
-0-
 
           
   
(iii)
Sole power to dispose or to direct the disposition of
 1,541,204
 
           
   
(iv)
Shared power to dispose or to direct the disposition of
-0-
 
           
  The Trust:    
           
 
(a)
Amount beneficially owned:
 1,499,393
 
           
 
(b)
Percent of class:
4.6%
 
           
 
(c)
Number of shares as to which such person has:
   
           
 
 
(i)
Sole power to vote or to direct the vote
 1,499,393
 
           
 
 
(ii)
Shared power to vote or to direct the vote
-0-
 
           
 
 
(iii)
Sole power to dispose or to direct the disposition of
 1,499,393
 
           
 
 
(iv)
Shared power to dispose or to direct the disposition of
-0-
 


Item 5.   Ownership of Five Percent or Less of a Class
 
If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following:  [X]
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person
   
 
Not applicable.
 
 
Page 6 of 9 pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person
   
 
Not applicable.
   
Item 8.
Identification and Classification of Members of the Group
   
 
Not applicable.
   
Item 9.
Notice of Dissolution of Group
   
 
Not applicable.
   
Item 10.
Certification

By signing below each of the Reporting Persons certifies that, to the best of such person’s knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
 
 
Page 7 of 9 pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 
 
SIGNATURE
 
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
 
 
 
February 7, 2014                                          
Date
 


 
/s/ Shane B. McMahon
 
 
Name:  Shane B. McMahon
 
     
     
     
     
 
SHANE B. MCMAHON TRUST U/A VINCENT K. MCMAHON IRREV. TRUST DTD. 12/23/2008
 
     
     
     
     
 
/s/ Jerry S. McDevitt
 
 
Name: Jerry S. McDevitt
 
 
Title: Trustee of the Shane B. McMahon Trust u/a Vincent K. McMahon Irrev. Trust dtd. 12/23/2008
 

 
 
Page 8 of 9 pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
 
EXHIBIT
 
Joint Filing Agreement, dated December 31, 2011 (incorporated herein by reference to Exhibit A to the Schedule 13G filed by Mr. McMahon and the Trust on January 4, 2012).

 
Page 9 of 9 pages