0000701374-15-000121.txt : 20150826
0000701374-15-000121.hdr.sgml : 20150826
20150826180048
ACCESSION NUMBER: 0000701374-15-000121
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150824
FILED AS OF DATE: 20150826
DATE AS OF CHANGE: 20150826
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Six Flags Entertainment Corp
CENTRAL INDEX KEY: 0000701374
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
IRS NUMBER: 133995059
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 924 AVENUE J EAST
CITY: GRAND PRAIRIE
STATE: TX
ZIP: 75050
BUSINESS PHONE: 972 595-5000
MAIL ADDRESS:
STREET 1: 924 AVENUE J EAST
CITY: GRAND PRAIRIE
STATE: TX
ZIP: 75050
FORMER COMPANY:
FORMER CONFORMED NAME: SIX FLAGS, INC.
DATE OF NAME CHANGE: 20070322
FORMER COMPANY:
FORMER CONFORMED NAME: SIX FLAGS INC
DATE OF NAME CHANGE: 20000714
FORMER COMPANY:
FORMER CONFORMED NAME: TIERCO GROUP INC/DE/
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Petit Brett
CENTRAL INDEX KEY: 0001498596
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13703
FILM NUMBER: 151076812
MAIL ADDRESS:
STREET 1: C/O SIX FLAGS, 924 AVENUE J EAST
CITY: GRAND PRAIRIE
STATE: TX
ZIP: 75050
4
1
wf-form4_144062643784698.xml
FORM 4
X0306
4
2015-08-24
0
0000701374
Six Flags Entertainment Corp
SIX
0001498596
Petit Brett
C/O SIX FLAGS ENTERTAINMENT CORPORATION
924 AVENUE J EAST
GRAND PRAIRIE
TX
75050
0
1
0
0
Senior VP - Marketing
Common Stock, par value $0.025 per share
2015-08-24
4
M
0
19500
16.81
A
218524
D
Common Stock, par value $0.025 per share
2015-08-24
4
S
0
19300
42.849
D
199224
D
Common Stock, par value $0.025 per share
2015-08-24
4
S
0
200
43.39
D
199024
D
Common Stock, par value $0.025 per share
2015-08-24
4
M
0
9750
27.76
A
208774
D
Common Stock, par value $0.025 per share
2015-08-24
4
S
0
9750
42.854
D
199024
D
Common Stock, par value $0.025 per share
2015-08-24
4
A
0
4883
0
A
203907
D
Common Stock, par value $0.025 per share
2015-08-26
4
S
0
1954
43.02
D
201953
D
Employee Stock Option (Right to Buy)
42.34
2015-08-24
4
A
0
20000
0
A
2025-08-24
Common Stock, par value $0.025 per share
20000.0
20000
D
Employee Stock Option (Right to Buy)
16.81
2015-08-24
4
M
0
19500
16.81
D
2021-08-24
Common Stock, par value $0.025 per share
19500.0
0
D
Employee Stock Option (Right to Buy)
27.76
2015-08-24
4
M
0
9750
27.76
D
2022-08-24
Common Stock, par value $0.025 per share
9750.0
9750
D
The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by Brett Petit.
Includes 379 shares of common stock acquired pursuant to the Issuer's Employee Stock Purchase Plan since the last-filed Form 4.
The restricted stock units vest 25% on each of the first four anniversaries of September 7, 2010, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $42.36 to $43.25, 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.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $43.38 to $43.40, 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 $42.35 to $43.32, 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.
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.
One-fourth of the options will vest on each of the first four anniversaries of August 24, 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. 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.
/s/ Brett Petit
2015-08-26