Filing Details

Accession Number:
0001179110-12-014916
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-10-04 16:53:51
Reporting Period:
2012-10-02
Filing Date:
2012-10-04
Accepted Time:
2012-10-04 16:53:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
701374 Six Flags Entertainment Corp SIX Services-Miscellaneous Amusement & Recreation (7990) 133995059
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1111849 C Lance Balk C/O Six Flags Entertainment Corporation
924 Avenue J East
Grand Prairie TX 75050
Executive Vice President, Gc No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.025 Per Share Acquisiton 2012-10-02 14,227 $20.01 145,201 No 4 M Direct
Common Stock, Par Value $0.025 Per Share Acquisiton 2012-10-02 5,765 $33.62 150,966 No 4 M Direct
Common Stock, Par Value $0.025 Per Share Disposition 2012-10-02 12,780 $60.01 138,186 No 4 S Direct
Common Stock, Par Value $0.025 Per Share Acquisiton 2012-10-03 25,773 $20.01 163,959 No 4 M Direct
Common Stock, Par Value $0.025 Per Share Acquisiton 2012-10-03 7,735 $33.62 171,694 No 4 M Direct
Common Stock, Par Value $0.025 Per Share Disposition 2012-10-03 21,162 $60.01 150,532 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.025 Per Share Employee Stock Option (Right to Buy) Disposition 2012-10-02 14,227 $20.01 14,227 $20.01
Common Stock, Par Value $0.025 Per Share Employee Stock Option (Right to Buy) Disposition 2012-10-02 5,765 $33.62 5,765 $33.62
Common Stock, Par Value $0.025 Per Share Employee Stock Option (Right to Buy) Disposition 2012-10-03 25,773 $20.01 25,773 $20.01
Common Stock, Par Value $0.025 Per Share Employee Stock Option (Right to Buy) Disposition 2012-10-03 7,735 $33.62 7,735 $33.62
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
105,773 2020-09-07 No 4 M Direct
48,235 2021-08-24 No 4 M Direct
80,000 2020-09-07 No 4 M Direct
40,500 2021-08-24 No 4 M Direct
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Lance Balk on June 14, 2012.
  2. Includes certain restricted stock units subject to vesting.
  3. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $60.00 to $60.17, 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.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $60.00 to $60.27, 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.
  5. Mr. Balk was granted an option to purchase 160,000 shares (as adjusted for June 27, 2011 stock split) on September 7, 2010, 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.
  6. Mr. Balk was granted an option to purchase 54,000 shares 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.