4//SEC Filing
Weber Alexander JR 4
Accession 0001179110-12-012565
CIK 0000701374other
Filed
Aug 7, 8:00 PM ET
Accepted
Aug 8, 5:00 PM ET
Size
13.3 KB
Accession
0001179110-12-012565
Insider Transaction Report
Form 4
Weber Alexander JR
President and Interim CEO
Transactions
- Exercise/Conversion
Common Stock, par value $0.025 per share
2012-08-06$17.50/sh+42,857$749,998→ 190,595 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-08-06$17.50/sh−42,857$749,998→ 128,571 totalExercise: $17.50Exp: 2020-08-06→ Common Stock, par value $0.025 per share (42,857 underlying) - Sale
Common Stock, par value $0.025 per share
2012-08-06$58.12/sh−26,212$1,523,392→ 165,274 total - Award
Common Stock, par value $0.025 per share
2012-08-06+891→ 191,486 total
Holdings
- 2,000(indirect: By Trust)
Common Stock, par value $0.025 per share
- 2,000(indirect: By Trust)
Common Stock, par value $0.025 per share
Footnotes (6)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Alexander Weber Jr. on June 26, 2012.
- [F2]Grant 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 as of the vesting date of August 6, 2012.
- [F3]The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $57.78 to $58.67, 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 purchased at each separate price within the ranges set forth in this footnote.
- [F4]Includes certain restricted stock units subject to vesting as well as 604 shares of common stock acquired pursuant to the Six Flags Entertainment Corporation Employee Stock Purchase Plan since the last-filed Form 4.
- [F5]The reporting person disclaims beneficial interest in such shares except to the extent of his pecuniary interest therein.
- [F6]Mr. Weber was granted an option to purchase 171,428 shares (as adjusted for June 27, 2011 stock split) on August 6, 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.
Documents
Issuer
Six Flags Entertainment Corp
CIK 0000701374
Entity typeother
Related Parties
1- filerCIK 0001498590
Filing Metadata
- Form type
- 4
- Filed
- Aug 7, 8:00 PM ET
- Accepted
- Aug 8, 5:00 PM ET
- Size
- 13.3 KB