Filing Details
- Accession Number:
- 0000701374-14-000086
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-08-26 17:05:19
- Reporting Period:
- 2014-08-24
- Filing Date:
- 2014-08-26
- Accepted Time:
- 2014-08-26 17:05:19
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 701374 | Six Flags Entertainment Corp | SIX | Services-Miscellaneous Amusement & Recreation (7990) | 133995059 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1498596 | Brett Petit | C/O Six Flags Entertainment Corporation 924 Avenue J East Grand Prairie TX 75050 | Senior Vp - Marketing | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.025 Per Share | Acquisiton | 2014-08-24 | 3,305 | $0.00 | 187,770 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.025 Per Share | Acquisiton | 2014-08-25 | 19,500 | $16.81 | 207,270 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.025 Per Share | Acquisiton | 2014-08-25 | 9,750 | $27.76 | 217,020 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.025 Per Share | Disposition | 2014-08-25 | 13,594 | $37.22 | 203,426 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.025 Per Share | Disposition | 2014-08-25 | 8,363 | $37.22 | 195,063 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.025 Per Share | Employee Stock Option (Right to Buy) | Acquisiton | 2014-08-24 | 25,000 | $0.00 | 25,000 | $37.54 |
| Common Stock, Par Value $0.025 Per Share | Employee Stock Option (Right to Buy) | Disposition | 2014-08-25 | 19,500 | $0.00 | 19,500 | $16.81 |
| Common Stock, Par Value $0.025 Per Share | Employee Stock Option (Right to Buy) | Disposition | 2014-08-25 | 9,750 | $0.00 | 9,750 | $27.76 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 25,000 | 2024-08-24 | No | 4 | A | Direct | |
| 19,500 | 2021-08-24 | No | 4 | M | Direct | |
| 19,500 | 2022-08-24 | No | 4 | M | Direct |
Footnotes
- Grant of shares of common stock pursuant to dividend equivalent rights under Issuer's Long-Term Incentive Plan. The number of shares of common stock granted was based on the conversion of cash dividend equivalents accumulated.
- Includes certain restricted stock subject to vesting.
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Brett Petit on June 3, 2014.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $37.02 to $37.67, inclusive. The reporting person undertakes to provide Issuer, any security holder of Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $37.03 to $37.64, inclusive. The reporting person undertakes to provide Issuer, any security holder of Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- One-fourth of the options will vest on each of the first four anniversaries of August 24, 2014, if the reporting person has been continuously employed with the Issuer through such date, subject to accelerated vesting in certain events, including certain terminations or upon a change of control, or as provided for by the Compensation Committee of the Issuer's Board of Directors.
- Mr. Petit was granted an option to purchase 78,000 shares (as adjusted for stock splits) on August 24, 2011, which vests 25% on each of the first four anniversaries of the grant date if the reporting person has been continuously employed with the Issuer through such date, subject to accelerated vesting in certain events, including certain terminations or upon a change in control, or as provided for by the Compensation Committee of the Issuer's Board of Directors.
- Mr. Petit was granted an option to purchase 39,000 shares (as adjusted for stock splits) on August 24, 2012, which vests 25% on each of the first four anniversaries of the grant date if the reporting person has been continuously employed with the Issuer through such date, subject to accelerated vesting in certain events, including certain terminations or upon a change in control, or as provided for by the Compensation Committee of the Issuer's Board of Directors.
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