Form Type: 4
SEC EDGAR Link| Acccession Number: | 0001179110-12-012568 |
| Date: | 2012-08-06 |
| Issuer: | SIX FLAGS ENTERTAINMENT CORP (SIX) |
| Original Submission Date: |
Reporting Person:
HAWRYLAK WALTER
C/O SIX FLAGS ENTERTAINMENT CORPORATION
924 AVENUE J EAST
GRAND PRAIRIE, TX 75050
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK, PAR VALUE $0.025 PER SHARE | 2012-08-06 | M | 8,500 | a | $17.50 | 110,048 | direct | ||
| COMMON STOCK, PAR VALUE $0.025 PER SHARE | 2012-08-06 | A | 176 | a | $0.00 | 110,224 | direct | ||
| COMMON STOCK, PAR VALUE $0.025 PER SHARE | 2012-08-06 | S | 5,783 | d | $58.00 | 104,441 | direct | ||
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 2012-08-06 | M | 8,500 | d | $17.50 | 17,000 | direct |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK, PAR VALUE $0.025 PER SHARE | 0.0 | 2012-08-06 | deemed execution date | M | 8,500 (a) | $0.00 | 110,048 | direct | ||||
| COMMON STOCK, PAR VALUE $0.025 PER SHARE | 0.0 | 2012-08-06 | deemed execution date | A | 176 (a) | $0.00 | 110,224 | direct | ||||
| COMMON STOCK, PAR VALUE $0.025 PER SHARE | 0.0 | 2012-08-06 | deemed execution date | S | 5,783 (d) | $0.00 | 104,441 | direct | ||||
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 17.5 | 2012-08-06 | deemed execution date | M | 8,500 (d) | 2020-08-06 | common stock, par value $0.025 per share 8,500 | $17.50 | 17,000 | direct |
| ID | footnote |
|---|---|
| f1 | the transactions reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan adopted by walter s. hawrylak on june 27, 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 $57.73 to $58.62, 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. |
| f5 | mr. hawrylak was granted an option to purchase 34,000 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. |