SEC Form 4 · accession 0000701374-15-000098
Six Flags Entertainment Corp · SIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lance C Balk
Officer — Exec. VP and General Counsel
Period of report
Jul 24, 2015
Accepted (ET)
Jul 27, 2015 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000701374
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.025 per shareF1 | Jul 24, 2015 | M | 27,000 | $27.76 | A | 64,731 | D | |
| Common StockF2 | holding | — | — | — | 200,000 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $27.76 | Jul 24, 2015 | M | 27,000 | D | — | Aug 24, 2022 | Common Stock, par value $0.025 per share | 27,000 | 27,000 | D |
Explanation of responses
- F1Includes 576 shares of common stock acquired pursuant to the Issuer's Employee Stock Purchase Plan since the last-filed Form 4.
- F2These shares were previously reported as directly beneficially owned but subsequently have been contributed to a grantor retained annuity trust with Mr. Balk as trustee.
- F3One-fourth of the options will vest on each of the first four anniversaries of August 24, 2012, 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.