Shane McMahon & WWE Officially Part Ways, More

After announcing resignation plans on October 16, 2009, Shane McMahon is no longer employed to World Wrestling Entertainment. He said his official resignation date would be January 1, 2010.

According to the company’s latest SEC filings, McMahon still owns 43,449 shares of WWE stock. On December 17, he cashed in 60,000 shares to receive $897,000 in gross proceeds. However, he also exercised stock options to acquire 60,000 shares priced between $12.94 and $13.45 per share.

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