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Filing Details

Accession Number:: 0000701374-15-000021
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-02-20 18:10:36
Reporting Period:: 2015-02-18

Filing Date:: 2015-02-20
Accepted Time:: 2015-02-20 18:10:36
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
1205647	James Reid-Anderson	C/O Six Flags Entertainment Corporation 924 Avenue J East Grand Prairie TX 75050	Chairman, President & Ceo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value $0.025 Per Share	Disposition	2015-02-18	43,060	$46.27	3,123,488	No	4	S	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2015-02-18	526,125	$0.00	3,649,613	No	4	A	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2015-02-18	57,940	$0.00	3,707,553	No	4	A	Direct
Common Stock, Par Value $0.025 Per Share	Disposition	2015-02-19	256,940	$47.29	3,450,613	No	4	S	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2015-02-19	1,520	$0.00	3,452,133	No	4	A	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2015-02-19	30,000	$23.53	3,482,133	No	4	M	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2015-02-19	37,500	$40.02	3,519,633	No	4	M	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2015-02-20	62,500	$33.45	3,582,133	No	4	M	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2015-02-20	4,972	$0.00	3,587,105	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	A	Direct
No	4	A	Direct
No	4	S	Direct
No	4	A	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $.025 Per Share	Employee Stock Option (Right to Buy)	Acquisiton	2015-02-19	200,000	$0.00	200,000	$47.60
Common Stock, Par Value $0.025 Per Share	Employee Stock Option (Right to Buy)	Disposition	2015-02-19	30,000	$0.00	30,000	$23.53
Common Stock, Par Value $0.025 Per Share	Employee Stock Option (Right to Buy)	Disposition	2015-02-19	37,500	$0.00	37,500	$40.02
Common Stock, Par Value $0.025 Per Share	Employee Stock Option (Right to Buy)	Disposition	2015-02-20	62,500	$0.00	62,500	$33.45

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
200,000	2025-02-19	No	4	A	Direct
30,000	2022-02-17	No	4	M	Direct
112,500	2024-02-19	No	4	M	Direct
125,000	2023-02-20	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.025 Per Share	500,000	Indirect	By GRAT

Footnotes

The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by James Reid-Anderson.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $46.25 to $46.36, 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.
Reflects shares of stock earned for early achievement under the Issuer's Project 500 Performance Award.
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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $46.25 to $48.01, 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 February 19, 2015, 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. Reid-Anderson was granted an option to purchase 120,000 shares (as adjusted for stock split) on February 17, 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.
Mr. Reid-Anderson was granted an option to purchase 150,000 shares on February 19, 2014, 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. Reid-Anderson was granted an option to purchase 250,000 shares (as adjusted for stock split) on February 20, 2013, which vests 25% on each of the first four anniversaries of the grant date if the reportingperson 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 theCompensation Committee of the Issuer's Board of Directors.