Shane Gone From WWE, Cashes Out Almost $1M In Stock


Shane McMahon is officially gone from WWE. He announced his resignation from the conpany back in October and stated he would be gone effective January 1, 2010.

Earlier this month December 17th, Shane cashed in 60,000 shares for $897,000 in gross proceeds. He also exercised his stock options to acquire 60,000 shares priced between $12.94 and $13.45 per share.

According to WWE‘s latest SEC filings, Shane still owns 43,449 shares of WWE stock.

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