Edgar Filing: WORLD WRESTLING ENTERTAINMENTINC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

INVEMED CATALYST FUND LP

2. Issuer Name and Ticker or Trading Symbol
WORLD WRESTLING ENTERTAINMENTINC [WWE]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See Remarks

(Last)

(First)

(Middle)

375 PARK AVE, STE 2205

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2009

(Street)

NEW YORK, NY 10152

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Share, $0.01 per share	11/20/2009		J		1,291,346	D	⁽¹⁾	1,291,427	D ⁽¹⁾
Class A Common Share, $0.01 per share	11/20/2009		J		1,291,346	D	⁽¹⁾	1,291,427	I ⁽¹⁾ ⁽²⁾	Held by Invemed Catalyst Fund, L.P.
Class A Common Share, $0.01 per share	11/20/2009		J		1,285,688	D	⁽¹⁾	1,291,427	I ⁽¹⁾ ⁽³⁾	Held by Invemed Catalyst Fund, L.P.
Class A Common Share, $0.01 per share								5,658	D ⁽³⁾
Class A Common Share, $0.01 per share	11/20/2009		J		1,241,122	D	⁽¹⁾	1,291,427	I ⁽¹⁾ ⁽⁴⁾	Held by Invemed Catalyst Fund, L.P.
Class A Common Share, $0.01 per share								5,658	I ⁽⁴⁾	Held by Invemed Securities, Inc.
Class A Common Share, $0.01 per share								44,566	D ⁽⁴⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
INVEMED CATALYST FUND LP 375 PARK AVE STE 2205 NEW YORK, NY 10152		X		See Remarks
INVEMED CATALYST GENPAR LLC 375 PARK AVE STE 2205 NEW YORK, NY 10152		X		See Remarks
GLADWYNE CATALYST GENPAR LLC 645 FIFTH AVENUE NEW YORK, NY 10022		X		See Remarks
INVEMED SECURITIES INC 375 PARK AVE STE 2205 NEW YORK, NY 10152		X		See Remarks
LANGONE KENNETH G 375 PARK AVENUE STE 2205 NEW YORK, NY 10152		X		See Remarks

Signatures

Invemed Catalyst Fund, L.P. By: Invemed Catalyst GenPar, LLC, its General Partner By: Gladwyne Catalyst GenPar, LLC, Its Managing Member By: /s/ Suzanne Present		11/24/2009
^**Signature of Reporting Person		Date
Invemed Catalyst GenPar, LLC By: Gladwyne Catalyst GenPar, LLC, Its Managing Member By: /s/ Suzanne Present		11/24/2009
^**Signature of Reporting Person		Date
Gladwyne Catalyst GenPar, LLC By: /s/ Suzanne Present		11/24/2009
^**Signature of Reporting Person		Date
Invemed Securities, Inc. By: /s/ John Baron		11/24/2009
^**Signature of Reporting Person		Date
/s/ Kenneth G. Langone		11/24/2009
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents shares owned directly by Invemed Catalyst Fund, L.P. (the "Fund"). Invemed Catalyst GenPar, LLC ("Catalyst GenPar") is the general partner of the Fund. Gladwyne Catalyst GenPar, LLC ("Gladwyne GenPar") and Invemed Securities, Inc. ("Invemed") are managing members of Catalyst GenPar. Kenneth G. Langone is the principal stockholder of Invemed. On November 20, 2009, the Fund directed the distribution of an aggregate of 1,291,346 shares of Class A common stock, par value $0.01 per share (the "Common Stock") pro rata to its partners. The shares received by Catalyst GenPar are being further distributed pro rata to its members. No consideration is being paid in connection with the distributions.
(2)	Represents shares owned indirectly by Catalyst GenPar and Gladwyne GenPar. Each of Catalyst GenPar and Gladwyne GenPar disclaims beneficial ownership of the shares directly owned by the Fund except to the extent of its pecuniary interest therein.
(3)	Represents shares owned directly or indirectly by Invemed, including shares received in the distributions. Invemed disclaims beneficial ownership of shares directly owned by the Fund except to the extent of its pecuniary interest therein.
(4)	Represents shares owned directly or indirectly by Kenneth Langone, including shares received in the distributions. Mr. Langone disclaims beneficial ownership of shares directly owned by the Fund except to the extent of his pecuniary interest therein.
Remarks: The Reporting Persons may be deemed to be members of a Section 13(d) group that owned more than 10% of the issuer's outstanding shares of Common Stock at the time of the distributions. However, the Reporting Persons disclaim such group membership, and this report shall not be deemed an admission that the Reporting Persons are members of a Section 13(d) group that owns more than 10% of the issuer's outstanding shares of Common Stock for Section 16 or any other purposes. As a result of the distributions, all of the Reporting Persons ceased to be 10% owners of the issuer's Common Stock.

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