SEC Form 4 · accession 0000701374-16-000370
Six Flags Entertainment Corp · SIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario L Centola
Officer — VP, Chief Accounting Officer
Period of report
Aug 24, 2016
Accepted (ET)
Aug 26, 2016 · 5:48 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,F2 | Aug 24, 2016 | A | 430 | $0.00 | A | 3,846 | D | |
| Common Stock, par value $0.025 per share | Aug 26, 2016 | S | 124 | $49.89 | D | 3,722 | D |
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 | $50.39 | Aug 24, 2016 | A | 6,000 | A | — | Aug 24, 2026 | Common Stock, par value $.025 per share | 6,000 | 6,000 | D |
Explanation of responses
- F1Grant 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.
- F2Includes 315 shares of common stock acquired pursuant to the Issuer's Employee Stock Purchase Plan since the last-filed Form 4.
- F3One-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.