SEC Info - Invemed Catalyst Fund LP, et al. - ‘SC 13D/A’ on 3/3/10 re: World Wrestling Entertainmentinc

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_________________________

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 2)

WORLD WRESTLING ENTERTAINMENT, INC.

(Name of Issuer)

Class A Common Stock, $0.01 Per Share

(Title of Class of Securities)

98156Q108

(CUSIP Number)

Ms. Suzanne Present
Invemed Catalyst Fund, L.P.
375 Park Avenue, Suite 2205
New York, New York 10152
(212) 843-0542

(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)

_________________________

March 1, 2010

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 1(f) or 1(g), check the following box o.

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7(b) for other parties to whom copies are to be sent.

*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 disclosures provided in a prior cover page.

The information required on 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 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 98156Q108

Page 2 of 12 Pages

SCHEDULE 13D

1	NAME OF REPORTING PERSON Invemed Catalyst Fund, L.P.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS OO
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)			o
6	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 8 9 10	SOLE VOTING POWER 64 SHARED VOTING POWER -0- SOLE DISPOSITIVE POWER 64 SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:			o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14	TYPE OF REPORTING PERSON PN

CUSIP No. 98156Q108

Page 3 of 12 Pages

SCHEDULE 13D

1	NAME OF REPORTING PERSON Invemed Catalyst GenPar, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS OO
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)			o
6	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 8 9 10	SOLE VOTING POWER 64 SHARED VOTING POWER -0- SOLE DISPOSITIVE POWER 64 SHARED DISPOSITIVE POWER -0-
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:			o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14	TYPE OF REPORTING PERSON OO

CUSIP No. 98156Q108

Page 4 of 12 Pages

SCHEDULE 13D

1	NAME OF REPORTING PERSON Gladwyne Catalyst GenPar, LLC
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS OO
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)			o
6	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 8 9 10	SOLE VOTING POWER -0- SHARED VOTING POWER 64 SOLE DISPOSITIVE POWER -0- SHARED DISPOSITIVE POWER 64
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 64
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:			o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14	TYPE OF REPORTING PERSON OO

CUSIP No. 98156Q108

Page 5 of 12 Pages

SCHEDULE 13D

1	NAME OF REPORTING PERSON Invemed Securities, Inc.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS OO
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)			o
6	CITIZENSHIP OR PLACE OF ORGANIZATION Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 8 9 10	SOLE VOTING POWER 11,316 SHARED VOTING POWER 64 SOLE DISPOSITIVE POWER 11,316 SHARED DISPOSITIVE POWER 64
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,380
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:			o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14	TYPE OF REPORTING PERSON CO

CUSIP No. 98156Q108

Page 6 of 12 Pages

SCHEDULE 13D

1	NAME OF REPORTING PERSON Kenneth G. Langone
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS OO
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)			o
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 8 9 10	SOLE VOTING POWER 89,132 SHARED VOTING POWER 11,380 SOLE DISPOSITIVE POWER 89,132 SHARED DISPOSITIVE POWER 11,380
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 100,512
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:			o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14	TYPE OF REPORTING PERSON IN

CUSIP No. 98156Q108

Page 7 of 12 Pages

SCHEDULE 13D

1	NAME OF REPORTING PERSON Michael Solomon
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP			(a) o (b) x
3	SEC USE ONLY
4	SOURCE OF FUNDS OO
5	CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)			o
6	CITIZENSHIP OR PLACE OF ORGANIZATION United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		7 8 9 10	SOLE VOTING POWER 119,003 SHARED VOTING POWER 64 SOLE DISPOSITIVE POWER 119,003 SHARED DISPOSITIVE POWER 64
11	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 119,067
12	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES:			o
13	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) Less than 1%
14	TYPE OF REPORTING PERSON IN

CUSIP No. 98156Q108

Page 8 of 12 Pages

SCHEDULE 13D

This Amendment No. 2 to Schedule 13D is being filed to amend and supplement the Schedule 13D, dated August 30, 2001, as amended by Amendment No. 1, dated November 20, 2009, with respect to the Class A Common Stock, $0.01 per share (the “Common Stock”), of World Wrestling Entertainment, Inc., a Delaware corporation (the “Company”).

Item 1.

Security and Issuer.

No material change.

Item 2.

Identity and Background.

(a) through (c) - No material change.

The second sentence of (d)-(e) is hereby amended and restated in its entirety as follows:

Based on the relationships between and among the Reporting Persons as set forth herein, the Reporting Persons may be deemed to constitute a “group” that, as of the date hereof, collectively beneficially owns 219,515 shares of Common Stock (less than 1% of the Company’s total number of shares of Common Stock outstanding), for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended.

Item 3.

Source and Amount of Funds or Other Consideration.

No material change.

CUSIP No. 98156Q108

Page 9 of 12 Pages

SCHEDULE 13D

Item 4.

Purpose of Transaction.

The first paragraph of this Item 4 is hereby amended and restated in its entirety as follows:

On March 1, 2010, the Fund directed the distribution of an aggregate of 1,291,363 shares of Common Stock pro rata to its partners. The shares received by Catalyst GenPar are being further distributed pro rata to its members. In connection with the distribution, Invemed will receive directly 5,658 shares of Common Stock, Langone will receive directly 44,566 shares of Common Stock and Solomon will receive directly 10,226 shares of Common Stock. No consideration is being paid in connection with the distributions.

Item 5.

Interest in Securities of the Issuer.

This Item 5 is hereby amended and restated in its entirety as follows:

(a)

The aggregate percentage of shares of Common Stock reported as owned by each Reporting Person is based upon 25,721,433 shares of Common Stock outstanding as of February 5, 2010, which is the total number of shares of Common Stock outstanding as of such date as reported by the Company in its Annual Report on Form 10-K filed with the SEC on February 25, 2010. Based on calculations made in accordance with Rule 13d-3(d), the Fund beneficially owns 64 shares of Common Stock constituting less than 1% of the outstanding shares of Common Stock. Each of the Reporting Persons may also be deemed to beneficially own (as that term is defined in Rule 13d-3 under the Securities Exchange Act of 1934) the 64 shares of Common Stock, constituting less than 1% of the outstanding shares of Common Stock, owned by the Fund. However, such persons (other than the Fund) disclaim beneficial ownership of such shares of Common Stock.

CUSIP No. 98156Q108

Page 10 of 12 Pages

SCHEDULE 13D

(b)

The Fund has sole power to vote and dispose the 64 shares reported herein. Catalyst GenPar, as the general partner of the Fund, has the sole power to vote and dispose of the 64 shares of Common Stock owned by the Fund. Each of Gladwyne GenPar and Invemed, as managing members of Catalyst GenPar, may be deemed to have shared voting and dispositive power over the shares of Common Stock owned by the Fund. Invemed may also be deemed to have sole voting and dispositive power with respect to 11,316 shares of Common Stock owned directly by Invemed. Kenneth G. Langone, as the principal shareholder and Chief Executive Officer of Invemed, may be deemed to have shared voting and dispositive power over the shares of Common Stock owned by the Fund and Invemed. Langone may also be deemed to have sole voting and dispositive power with respect to 89,132 shares of Common Stock owned directly by him. Solomon, as the sole managing member of Gladwyne GenPar, may be deemed to have shared voting and dispositive power over the shares of Common Stock owned by the Fund. Solomon may also be deemed to have sole voting and dispositive power with respect to 119,003 shares of Common Stock owned directly by him.

(c)

Except as otherwise set forth herein, to the knowledge of the Reporting Persons with respect to the persons named in response to Item 5(a), none of the persons named in response to Item 5(a) has effected any transactions in shares of Common Stock other than the distributions described above during the past 60 days. From time to time, in his capacity as a director of the Company, Solomon receives shares of Common Stock in lieu of cash as directors’ fees, including 1,582 shares of Common Stock received on January 4, 2010.

(d)

No person other than the persons listed is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any Common Stock of the Company owned by any member of the group.

(e)

Not applicable.

Item 6.

Contracts, Arrangements, Understandings or Relationships with Respect to the Issuer.

No material change.

CUSIP No. 98156Q108

Page 11 of 12 Pages

SCHEDULE 13D

Item 7. Materials to be Filed as Exhibits.

Exhibit 1:	Agreement relating to the filing of joint acquisition statements as required by Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (previously filed).
Exhibit 2:	Stock Purchase Agreement, dated as of August 23, 2001, between Vincent K. McMahon, in his capacity as trustee on behalf of the Trust and the Fund (previously filed).
Exhibit 3:	Stockholders Agreement, dated as of August 30, 2001, between the Trust, Vincent K. McMahon and the Fund (previously filed).
Exhibit 4:	Registration Rights Agreement, dated as of August 30, 2001, between the Company and the Fund (previously filed).

CUSIP No. 98156Q108

Page 12 of 12 Pages

SCHEDULE 13D

SIGNATURES

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.

Dated: March 3, 2010.

		INVEMED CATALYST FUND, L.P.
		By:	INVEMED CATALYST GENPAR, LLC, General Partner
		By:	GLADWYNE CATALYST GENPAR, LLC, Managing Member
		By:	/s/ *Suzanne Present*
			Name: Suzanne Present Title: Member

		INVEMED CATALYST GENPAR, LLC
		By:	GLADWYNE CATALYST GENPAR, LLC, Managing Member
		By:	/s/ *Suzanne Present*
			Name: Suzanne Present Title: Member

		GLADWYNE CATALYST GENPAR, LLC
		By:	/s/ *Suzanne Present*
			Name: Suzanne Present Title: Member

		INVEMED SECURITIES, INC.
		By:	/s/ *John Baron*
			Name: John Baron Title: Chief Financial Officer

		/s/ *Kenneth G. Langone*
		Kenneth G. Langone

		/s/ *Michael Solomon*
		Michael Solomon

This ‘SC 13D/A’ Filing	Date	Other Filings

Filed on:	3/3/10	4
	3/1/10	4
	2/25/10	10-K, 4
	2/5/10	3, 8-K
	1/4/10	4
	11/20/09	4
	8/30/01	3
	8/23/01
		List all Filings

Invemed Catalyst Fund LP, et al. – ‘SC 13D/A’ on 3/3/10 re: World Wrestling Entertainmentinc

On: Wednesday, 3/3/10, at 5:00pm ET · Accession #: 950142-10-361 · File #: 5-57793

Previous ‘SC 13D’: ‘SC 13D/A’ on 11/25/09 · Latest ‘SC 13D’: This Filing

Amendment to General Statement of Beneficial Ownership — Schedule 13D
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Invemed Catalyst Fund LP, et al. – ‘SC 13D/A’ on 3/3/10 re: World Wrestling Entertainmentinc

On: Wednesday, 3/3/10, at 5:00pm ET · Accession #: 950142-10-361 · File #: 5-57793

Previous ‘SC 13D’: ‘SC 13D/A’ on 11/25/09 · Latest ‘SC 13D’: This Filing

Amendment to General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

This is an HTML Document rendered as filed. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents