Filing Details

Accession Number:
0001179110-12-012565
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-08 18:00:37
Reporting Period:
2012-08-06
Filing Date:
2012-08-08
Accepted Time:
2012-08-08 17:00:37
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
1498590 Jr Alexander Weber C/O Six Flags Entertainment Corporation
924 Avenue J East
Grand Prairie TX 75050
Chief Operating Officer 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 2012-08-06 42,857 $17.50 190,595 No 4 M Direct
Common Stock, Par Value $0.025 Per Share Acquisiton 2012-08-06 891 $0.00 191,486 No 4 A Direct
Common Stock, Par Value $0.025 Per Share Disposition 2012-08-06 26,212 $58.12 165,274 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 A 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) Disposition 2012-08-06 42,857 $17.50 42,857 $17.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
128,571 2020-08-06 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.025 Per Share 2,000 Indirect In trust for Reporting Person's son
Common Stock, Par Value $0.025 Per Share 2,000 Indirect In trust for Reporting Person's daughter
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Alexander Weber Jr. on June 26, 2012.
  2. 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 as of the vesting date of August 6, 2012.
  3. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $57.78 to $58.67, 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 purchased at each separate price within the ranges set forth in this footnote.
  4. Includes certain restricted stock units subject to vesting as well as 604 shares of common stock acquired pursuant to the Six Flags Entertainment Corporation Employee Stock Purchase Plan since the last-filed Form 4.
  5. The reporting person disclaims beneficial interest in such shares except to the extent of his pecuniary interest therein.
  6. Mr. Weber was granted an option to purchase 171,428 shares (as adjusted for June 27, 2011 stock split) on August 6, 2010, 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.