WWE 2021 Executive Earnings Report

WWE has submitted their earnings report for their Executives for the year 2021 in their filing to the SEC. This is in advance of a vote to place on May 19th, 2022 to formally name the Executives for 2022.

Read the full report here

The following are the earnings of all Executives (Summary Compensation Table):

Name and Principal Position Year Salary Stock Awards Non-Equity
Incentive Plan
Compensation
All Other
Compensation
Total
Vincent K. McMahon 2021 $1,400,000 $1,671,260 $1,960,000 $20,287 $5,051,547
Chairman & CEO
2020 $1,394,615 $1,636,594 $854,000 $20,583 $3,905,792
2019 $1,400,000 $1,677,716 $406,000 $19,987 $3,503,703

Nick Khan 2021 $1,200,000 $1,814,470 $2,660,000 $32,401 $5,706,871
President & CRO 2020 $498,462 $6,799,138 $471,823 $5,195,142 $12,964,565

Paul Levesque 2021 $730,000 $583,523 $511,000 $1,017,021 $2,841,544
EVP, Global Talent Strategy & Development
2020 $724,115 $464,778 $222,650 $906,737 $2,318,280
2019 $706,019 $502,146 $102,950 $2,016,977 $3,328,092

Stephanie McMahon 2021 $730,000 $583,523 $511,000 $767,682 $2,592,205
Chief Brand Officer 2020 $724,115 $464,778 $222,650 $775,723 $2,187,266
2019 $706,019 $502,146 $102,950 $716,133 $2,027,248

Frank A Riddick, III 2021 $134,038 $5,189,329 $130,085 $1,183,105 $6,636,557
CFO & Admin 2020 $782,667 $53,842 $0 $173,210 $1,009,719

Kristina Salen 2021 $730,000 $588,046 $432,600 $448,041 $2,198,687
Former Interim CFO 2020 $365,000 $500,023 $108,892 $4,005 $977,920

The following is a breakdown of the Stock Awards & Stocks Vested by Executives:
Vested – Matured stocks that can be cashed out
Not Vested – Stocks that have not matured yet and cannot be cashed out

Name Number of Shares or
Units of Stock That
Have Not Vested
Market Value of
Shares or Units of
Stock That Have Not
Vested
Number
of Shares
Acquired on
Vesting
Value
Realized
on Vesting
Vincent K. McMahon 65,132 $3,213,620 38,655 $1,881,746
Nick Khan 191,707 $9,458,846 3,503 $170,505
Paul Levesque 21,660 $1,068,707 14,504 $706,062
Stephanie McMahon 21,660 $1,068,707 14,067 $684,801
Frank A. Riddick, III 87,950 $4,339,435 1,705 $94,239
Kristina Salen 0 $0 5,390 $276,646

The following is a breakdown of payment & stock awards for non-employee Directors:

Name Fees Earned or
Paid in Cash
Stock
Awards
Total
Stuart U. Goldfarb $51,752 $44,580 $96,332
Steve Koonin $55,157 $66,879 $122,036
Erika Nardini $96,076 $111,459 $207,535
Laureen Ong $109,816 $111,459 $221,274
Steve Pamon $95,764 $111,459 $207,223
Robyn W. Peterson $39,585 $44,580 $84,165
Frank A. Riddick, III $138,110 $94,239 $232,349
Connor Schell $55,157 $66,879 $122,036
Man Jit Singh $116,004 $111,459 $227,462
Jeffrey R. Speed $134,740 $111,459 $246,199
Alan M. Wexler $101,615 $111,459 $213,074

The following is a breakdown of stock ownership & percentage based on type:

Title of Class Name of Beneficial Owner Amount and Nature
Ownership
% of Class
(*-Less than 1%)
Class B Vincent K. McMahon 28,737,689 92.2%
Class B Linda E. McMahon 566,770 1.8%
Class B Stephanie McMahon 1,922,066 6.0%
Class A Lindsell Train Limited 11,401,014 26.3%
Class A BlackRock, Inc. 5,957,199 13.7%
Class A The Vanguard Group 4,152,240 9.6%
Class A American Century Investment 2,522,879 5.8%
Class A Nick Khan 2,405 *
Class A Paul Levesque 40,594 *
Class A Frank A. Riddick, III 22,690 *
Class A Steve Koonin 1,252 *
Class A Erika Nardini 2,667 *
Class A Laureen Ong 17,563 *
Class A Steve Pamon 2,880 *
Class A Connor Schell 1,252 *
Class A Man Jit Singh 6,135 *
Class A Jeffrey R. Speed 23,126 *
Class A Alan M. Wexler 6,135 *
Class A and Class B All Exec. Officers & Directors as Group 30,829,603 41.4%

Following is potential payout in the event of termination or change of company control for Executives:
Involuntary not for cause termination – Terminated without legitimate reason
Constructive termination – Termination due to sale of company

Name Executive Benefit
and Payments
Upon Separation
Involuntary
Not For Cause
Termination
Constructive
Termination
Following
Change in
Control
Vincent K. McMahon Compensation
Salary $2,800,000 $2,800,000
Bonus $2,800,000 $2,800,000
Long-Term Incentive Compensation
Accelerated Vesting of Stock Units $0 $3,631,558
Continuation of health, accident & life insurance $35,647 $35,647
Total: $5,635,647 $9,267,205

Nick Khan Compensation
Salary $4,316,712 $4,316,712
Bonus $1,900,000 $1,900,000
Long-Term Incentive Compensation
Accelerated Vesting of Stock Units $0 $2,671,145
Continuation of health, accident & life insurance $19,077 $0
Total: $6,235,789 $8,887,858

Paul Levesque Compensation
Salary $882,575 $0
Bonus $365,000 $0
Long-Term Incentive Compensation
Accelerated Vesting of Stock Units $0 $1,145,712
Continuation of health, accident & life insurance $18,995 $0
Total: $1,266,570 $1,145,712

Stephanie McMahon Compensation
Salary $914,932 $0
Bonus $365,000 $0
Long-Term Incentive Compensation
Accelerated Vesting of Stock Units $0 $1,145,712
Continuation of health, accident & life insurance $18,995 $0
Total: $1,298,927 $1,145,712

Frank A. Riddick, III Compensation
Salary $850,000 $850,000
Bonus $1,190,000 $1,190,000
Long-Term Incentive Compensation
Accelerated Vesting of Stock Units $4,339,435 $4,295,860
Continuation of health, accident & life insurance $16,512 $0
Total: $6,395,947 $6,335,860

Kristina Salen Compensation
Salary $730,000 $0
Bonus $432,600 $0
Long-Term Incentive Compensation
Accelerated Vesting of Stock Units $413,000 N/A
Continuation of health, accident & life insurance $15,101 $0
Total: $1,590,701 N/A