SC 13G/A 1 sc13ga.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
         
SCHEDULE 13G/A
       
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
       
WORLD WRESTLING ENTERTAINMENT, INC.
(Name of Issuer)
      
Class A Common Stock, $0.01 par value
(Title of Class of Securities)
       
     98156Q108    
(CUSIP Number)
       
                                     August 17, 2016                                    
(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)
/     /   Rule 13d-1(c)
/ X /   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.
   
 
 
 
 
 
   
 
 
 
Vincent K. 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     United States
              
Number of 5. Sole Voting Power   35,533,375  
Shares          
Beneficially 6. Shared Voting Power   0  
Owned by          
Each Reporting 7. Sole Dispositive Power   35,533,375  
Person          
With: 8. Shared Dispositive Power   0  
             
9. Aggregate Amount Beneficially Owned by Each Reporting Person     35,533,375  
              
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares
      
              
11. Percent of Class Represented by Amount in Row (9)     48%*  
              
12. Type of Reporting Person     IN  
             
*Based on an assumed conversion of all of the shares of the Issuer’s Class B Common Stock to which this Schedule 13D relates into Class A Common Stock (see “Introductory Note” for more information).
Page 2 of 6 Pages

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

This amended Statement on Schedule 13G relates to the 35,533,375 shares of the Class B Common Stock, $.01 par value per share (“Class B Common Stock”), of World Wrestling Entertainment, Inc. (the “Company”) beneficially owned by Vincent K. McMahon.  Mr. McMahon beneficially owns approximately 93.6% of the issued and outstanding shares of Class B Common Stock and approximately 85% of the Company’s total voting power.  Class B Common Stock is fully convertible into the Company’s Class A Common Stock, par value $.01 per share (“Class A Common Stock”), on a one-for-one basis, at any time at the option of the holder. Assuming the conversion of the shares of Class B Common Stock beneficially owned by Mr. McMahon as of the date hereof, Mr. McMahon would beneficially own approximately 48% of the issued and outstanding shares of the Company’s Class A Common Stock, based on the number of shares of Class A Common Stock outstanding as of July 27, 2016. The number of shares reported herein as beneficially owned by Mr. McMahon excludes 566,670 shares of Class B Common Stock and 100 shares of Class A Common Stock owned by Linda E. McMahon and Mr. McMahon disclaims beneficial ownership of those shares.

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)   Name of Person Filing    
           
    Vincent K. McMahon    
          
 (b)   Address of Principal Business Office or, if none, Residence   
          
    c/o World Wrestling Entertainment, Inc.    
    1241 East Main Street    
    Stamford, Connecticut 06902    
          
 (c)   Citizenship    
          
    United States of America    
           
 
Page 3 of 6 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.
 
 (a)   Amount beneficially owned: 35,533,375  
          
 
Page 4 of 6 Pages

SCHEDULE 13G/A
CUSIP NO. 98156Q108
 
(b)   Percent of class: 48%  
          
(c)   Number of shares as to which such person has:    
          
    (i) Sole power to vote or to direct the vote 35,533,375  
           
    (ii) Shared power to vote or to direct the vote 0  
          
    (iii) Sole power to dispose or to direct the disposition of 35,533,375  
          
    (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:  [     ]
 
Item 6.   Ownership of More than Five Percent on Behalf of Another Person    
          
    Not applicable.    
         
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.    
 
Page 5 of 6 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.
 
August 18, 2016                                         
Date
 
 
 /s/ Vincent K. McMahon
 
 
Name:  Vincent K. McMahon

Page 6 of 6 Pages