SEC Form 4 · accession 0000701374-18-000053
Six Flags Entertainment Corp · SIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Reid-Anderson
Officer — Chairman, President & CEO · Director
Period of report
Feb 19, 2018
Accepted (ET)
Feb 20, 2018 · 5:15 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 19, 2018 | A | 13,653 | $0.00 | A | 3,319,393 | D | |
| Common Stock, par value $0.025 per share | Feb 20, 2018 | M | 37,500 | $40.02 | A | 3,356,893 | D | |
| Common Stock, par value $0.025 per share | Feb 20, 2018 | M | 50,000 | $47.60 | A | 3,406,893 | D | |
| Common Stock, par value $0.025 per share | Feb 20, 2018 | M | 62,500 | $51.38 | A | 3,469,393 | D | |
| Common Stock, par value $0.025 per share | holding | — | — | — | 157,376 | I | By GRAT | |
| Common Stock, par value $0.025 per share | holding | — | — | — | 140,823 | I | By Reporting Person's Wife as Trustee of family trust UAD 11-15-2013 |
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 | $40.02 | Feb 20, 2018 | M | 37,500 | D | — | Feb 19, 2024 | Common Stock, par value $0.025 per share | 37,500 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $47.60 | Feb 20, 2018 | M | 50,000 | D | — | Feb 19, 2025 | Common Stock, par value $.025 per share | 50,000 | 50,000 | D |
| Employee Stock Option (Right to Buy)F5 | $51.38 | Feb 20, 2018 | M | 62,500 | D | — | Feb 19, 2026 | Common Stock, par value $0.025 per share | 62,500 | 125,000 | 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 138 shares of common stock acquired pursuant to the Issuer's Employee Stock Purchase Plan since the last-filed Form 4.
- F3Mr. Reid-Anderson was granted an option to purchase 150,000 shares on February 19, 2014, which vests 25% on each of the first four anniversaries of the grant date if the reporting person has beencontinuously 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 CompensationCommittee of the Issuer's Board of Directors.
- F4Mr. Reid-Anderson was granted an option to purchase 200,000 shares on February 19, 2015, which vests 25% on each of the first four anniversaries of the grant date if the reporting person has beencontinuously 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 CompensationCommittee of the Issuer's Board of Directors.
- F5Mr. Reid-Anderson was granted an option to purchase 250,000 shares on February 19, 2016, which vests 25% on each of the first four anniversaries of the grant date if the reporting person has beencontinuously 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 CompensationCommittee of the Issuer's Board of Directors.