As per his announcement on October 16th, Shane McMahon’s official day of resignation falls on the first day of the new year, 2010. At this time, Shane-O Mac still owns a cool 43,449 shares of WWE stock.
On December 17th, Shane sold 60,000 shares to receive $897,000. He also flexed his stock options and scored another 60,000 shares at a locked in price between $12.94 and $13.45 per share.
As of December 31st, WWE stock closed at $15.33 per share.
Well, I don’t know about the rest of you, but I’m relieved. I was afraid that Shane would be so broke he’d actually know how many cars he owns or something devastating.
Credit For Shane Info:
<a href=http://www.pwtorch.com target=new>James Caldwell of PW Torch</A>