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Filing Details

Accession Number:: 0001209191-10-030152
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-05-24 13:00:00
Reporting Period:: 2010-05-20

Filing Date:: 2010-05-24
Accepted Time:: 2010-05-24 18:31:23
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
701374	Six Flags Entertainment Corp	SIXFQ	Services-Miscellaneous Amusement & Recreation (7990)	736137714

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1491009	Usman Nabi	888 Seventh Avenue 29Th Floor New York NY 10019		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-05-20	1,662,683	$33.40	2,887,766	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2010-05-20	768,975	$33.40	1,335,575	No	4	S	Indirect	See Footnote
Common Stock	Acquisiton	2010-05-20	1,982,998	$33.40	1,982,998	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	P	Indirect	See Footnote

Footnotes

H Partners, LP ("H LP") directly owns the reported securities. H Partners Capital, LLC ("H Capital") is the general partner of H LP. H Partners Management, LLC ("H Management") is the investment manager of H Capital and Usman Nabi is a senior partner of H Management. As a result, H Capital, H Management and Mr. Nabi may be deemed to have voting and dispositive power with respect to the shares of common stock held by H LP. Mr. Nabi disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
H Offshore Fund, Ltd. ("H Offshore") directly owns the reported securities. Since H Offshore beneficially owns less than 10% of the issuer's common stock as of the filing of this report, it is no longer subject to the reporting obligations of Section 16 of the Securities Exchange Act of 1934, as amended. H Management is the investment manager of H Offshore and Mr. Nabi is a senior partner of H Management. As a result, H Management and Mr. Nabi may be deemed to have voting and dispositive power with respect to the shares of common stock held by H Offshore. Mr. Nabi disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
On May 20, 2010, H LP and H Offshore transferred 1,214,023 and 768,975 shares of common stock, respectively, to H Partners Phoenix SPV Fund, LP ("Phoenix SPV"). Phoenix SPV directly owns the reported securities. H Partners Phoenix Capital, LLC ("Phoenix Capital") is the general partner of Phoenix SPV. H Management is the investment manager of Phoenix Capital and Mr. Nabi is a senior partner of H Management. As a result, Phoenix Capital, H Management and Mr. Nabi may be deemed to have voting and dispositive power with respect to the shares of common stock held by Phoenix SPV. Mr. Nabi disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.