SEC Form 4 · accession 0000701374-17-000013
Six Flags Entertainment Corp · SIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brett Petit
Officer — Senior VP - Marketing
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 4:50 pm EST
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 | Feb 8, 2017 | S | 7,302 | $61.95 | D | 183,131 | 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 | $60.80 | Feb 8, 2017 | A | 5,000 | A | — | Feb 8, 2027 | Common Stock, par value $0.025 per share | 5,000 | 5,000 | D |
Explanation of responses
- F1The transaction reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by Brett Petit.
- F2Includes 113 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 February 8, 2017, 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.