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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No.         )*

 

 

 

 

Wyndham Worldwide Corp.

(Name of Issuer)

 

 

Common Stock

(Title of Class of Securities)

 

 

98310W108

(CUSIP Number)

 

 

August 24, 2007

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

þ Rule 13d-1(b)

 

¨ Rule 13d-1(c)

 

¨ Rule 13d-1(d)

 

 

*   The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

Page 1 of 4 pages

CUSIP No. 98310W108

 

  1.  

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Barrow, Hanley, Mewhinney & Strauss, Inc.

752403190

    
  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ¨

(b)  ¨

    
  3.  

SEC Use Only

 

    
  4.  

Citizenship or Place of Organization

 

A Nevada corporation

    

 

NUMBER OF  

SHARES  

BENEFICIALLY  

OWNED BY  

EACH  

REPORTING  

PERSON  

WITH:  

 

  

  5.    Sole Voting Power

 

1,150,140 shares

 

  6.    Shared Voting Power

 

16,902,600 shares

 

  7.    Sole Dispositive Power

 

18,052,740 shares

 

  8.    Shared Dispositive Power

 

—

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

18,052,740 shares

    
10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

 

¨

    
11.  

Percent of Class Represented by Amount in Row (9)

 

10.12%

    
12.  

Type of Reporting Person (See Instructions)

 

IA

    

 

SCHEDULE 13G

 

Item 1(a)    Name of Issuer: Wyndham Worldwide Corp.
1(b)    Address of Issuer’s Principal Executive Offices:
  

7 Sylvan Way

Parsippany, NJ 07054

Item 2(a)    Name of Person Filing:
   Barrow, Hanley, Mewhinney & Strauss, Inc.
2(b)    Address of Principal Business Office or, if none, Residence:
  

2200 Ross Avenue, 31st Floor

Dallas, TX 75201-2761

2(c)    Citizenship:
   A Nevada corporation
2(d)    Title of Class of Securities
   Common Stock
2(e)    CUSIP Number:     98310W108
Item 3    If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:
   (a)    ¨    Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
   (b)    ¨    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
   (c)    ¨    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
   (d)    ¨    Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
   (e)    þ    An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
   (f)    ¨    An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
   (g)    ¨    A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G):
   (h)    ¨    A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813):
   (i)    ¨    A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
   (j)    ¨    Group, in a accordance with §240.13d-1(b)(1)(ii)(J).

 

Page 3 of 4 pages

Item 4    Ownership:
   4(a)    Amount beneficially owned: 18,052,740
   4(b)    Percent of Class: 10.12%
   4(c)    Number of shares as to which person has:
      (i)    Sole power to vote or to direct the vote: 1,150,140 shares
      (ii)    Shared power to vote or to direct the vote: 16,902,600 shares
      (iii)    Sole power to dispose or to direct the disposition of: 18,052,740 shares
      (iv)    Shared power to dispose or to direct the disposition of: —
Item 5    Ownership of Five Percent or Less of a Class:
   Not Applicable.
Item 6    Ownership of More than Five Percent on Behalf of Another Person:
   The right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the common stock
is held by certain clients of the reporting person, none of which has such right or power with respect to five percent or more
of the common stock.
Item 7    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding
Company:
   Not Applicable.
Item 8    Identification and Classification of Members of the Group:
   Not Applicable.
Item 9    Notice of Dissolution of Group:
   Not Applicable.
Item 10    Certification:
   By signing below the undersigned certifies that, to the best of its knowledge and belief, the securities referred to above were
acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or effect.

After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 

BARROW, HANLEY, MEWHINNEY & STRAUSS, INC.
By:   

/s/ James P. Barrow

   Name: James P. Barrow
   Title: President

August 24, 2007

 

Page 4 of 4 pages