Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 1, 2020, the Board of Directors ("Board") of World Wrestling Entertainment, Inc. (the "Company") increased the size of the Board from 11 to 12 members and elected Erika Nardini to fill the vacancy created by the increase in Board size. Ms. Nardini has not currently been appointed to any committee of the Board. The Board determined that Ms. Nardini satisfies the independence requirements of applicable New York Stock Exchange and Securities and Exchange Commission rules.

There are no arrangements or understandings with any person pursuant to which Ms. Nardini was elected as a director of the Company. In addition, there have been no transactions directly or indirectly involving Ms. Nardini that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934.

Ms. Nardini will be entitled to the Company's normal Board retainer for non-management directors, prorated for the portion of the year served.

The Company will also enter into an Indemnification Agreement with Ms. Nardini in the same form that the Company has entered into with its other non-management directors. The Indemnification Agreement supplements and clarifies existing indemnification provisions of the Company's Certificate of Incorporation and Bylaws and, in general, provides for indemnification to the fullest extent permitted by law, subject to the terms and conditions provided for in the Indemnification Agreement.

The foregoing description of the Indemnification Agreement is qualified in its entirety by reference to the full text of the form of Indemnification Agreement incorporated by reference herein as Exhibit 10.1.

Item 7.01Regulation FD Disclosure.

On October 5, 2020, the Company issued a press release announcing the election of Ms. Nardini to the Board, as described under Item 5.02, above. A copy of the press release is attached as Exhibit 99.1 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits

(d)Exhibits

10.1 Form of Indemnification Agreement entered into between the Company and its independent Directors (incorporated by reference to Exhibit 10.13 to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2014).

99.1 Press Release dated October 5, 2020.

104Cover Page Interactive Data File (embedded within the Inline XBRL document).




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