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Filing Details

Accession Number:: 0000701374-16-000376
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-08-26 17:49:43
Reporting Period:: 2016-08-24

Filing Date:: 2016-08-26
Accepted Time:: 2016-08-26 17:49:43
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
1232032	Walter Hawrylak	C/O Six Flags,Entertainment Corporation 924 Avenue J East Grand Prairie TX 75050	Svp- Administration, Secretary	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	Acquisiton	2016-08-24	2,905	$0.00	332,702	No	4	A	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2016-08-24	9,750	$27.76	342,452	No	4	M	Direct
Common Stock, Par Value $0.025 Per Share	Disposition	2016-08-24	7,331	$50.51	335,121	No	4	S	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2016-08-24	5,250	$34.49	340,371	No	4	M	Direct
Common Stock, Par Value $0.025 Per Share	Disposition	2016-08-24	4,331	$50.51	336,040	No	4	S	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2016-08-24	6,250	$37.54	342,290	No	4	M	Direct
Common Stock, Par Value $0.025 Per Share	Disposition	2016-08-24	5,363	$50.51	336,927	No	4	S	Direct
Common Stock, Par Value $0.025 Per Share	Acquisiton	2016-08-24	5,000	$42.34	341,927	No	4	M	Direct
Common Stock, Par Value $0.025 Per Share	Disposition	2016-08-24	4,551	$50.51	337,376	No	4	S	Direct
Common Stock, Par Value $0.025 Per Share	Disposition	2016-08-26	1,307	$49.75	336,069	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	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	2016-08-24	15,000	$0.00	15,000	$50.39
Common Stock, Par Value $0.025 Per Share	Employee Stock Option (Right to Buy)	Disposition	2016-08-24	9,750	$0.00	9,750	$27.76
Common Stock, Par Value $0.025 Per Share	Employee Stock Option (Right to Buy)	Disposition	2016-08-24	5,250	$0.00	5,250	$34.49
Common Stock, Par Value $0.025 Per Share	Employee Stock Option (Right to Buy)	Disposition	2016-08-24	6,250	$0.00	6,250	$37.54
Common Stock, Par Value $0.025 Per Share	Employee Stock Option (Right to Buy)	Disposition	2016-08-24	5,000	$0.00	5,000	$42.34

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
15,000	2026-08-24	No	4	A	Direct
0	2022-08-24	No	4	M	Direct
5,250	2023-08-24	No	4	M	Direct
12,500	2024-08-24	No	4	M	Direct
15,000	2025-08-24	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 389 shares of common stock acquired pursuant to the Issuer's Employee Stock Purchase Plan since the last-filed Form 4.
The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan previously adopted by Walter S. Hawrylak.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.32 to $50.77, 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 $50.32 to $50.72, 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 $50.32 to $50.82, 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 $50.30 to $50.77, 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 $49.575 to $50.25, 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, 2016, 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. Hawrylak 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.
Mr. Hawrylak was granted an option to purchase 21,000 shares on August 24, 2013, 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. Hawrylak was granted an option to purchase 25,000 shares on August 24, 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. Hawrylak was granted an option to purchase 20,000 shares on August 24, 2015, 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.