4//SEC Filing
Weber Alexander JR 4
Accession 0001179110-12-013420
CIK 0000701374other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 5:10 PM ET
Size
17.5 KB
Accession
0001179110-12-013420
Insider Transaction Report
Form 4
Weber Alexander JR
President and Interim CEO
Transactions
- Award
Common Stock, par value $0.025 per share
2012-08-24+388→ 166,614 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2012-08-24$33.62/sh−18,000$605,160→ 54,000 totalExercise: $33.62Exp: 2021-08-24→ Common Stock, par value $0.025 per share (18,000 underlying) - Sale
Common Stock, par value $0.025 per share
2012-08-27$55.71/sh−194$10,808→ 166,420 total - Exercise/Conversion
Common Stock, par value $0.025 per share
2012-08-24$33.62/sh+18,000$605,160→ 179,795 total - Sale
Common Stock, par value $0.025 per share
2012-08-24$55.51/sh−13,569$753,233→ 166,226 total - Award
Employee Stock Option (Right to Buy)
2012-08-24+36,000→ 36,000 totalExercise: $55.53Exp: 2022-08-24→ Common Stock, par value $0.025 per share (36,000 underlying)
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 (8)
- [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]Includes certain restricted stock units subject to vesting.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $55.21 to $55.83, 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.
- [F4]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 24, 2012.
- [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $55.7110 to $55.7160, 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.
- [F6]The reporting person disclaims beneficial interest in such shares except to the extent of his pecuniary interest therein.
- [F7]Mr. Weber was granted an option to purchase 72,000 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.
- [F8]One-fourth of the options will vest on each of the first four anniversaries of August 24, 2012, 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.
Documents
Issuer
Six Flags Entertainment Corp
CIK 0000701374
Entity typeother
Related Parties
1- filerCIK 0001498590
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 5:10 PM ET
- Size
- 17.5 KB