Louis Carr - Jul 1, 2024 Form 4 Insider Report for CEDAR FAIR L P (FUN)

Role: Director
Signature: /s/ Louis Carr
Stock symbol: FUN
Transactions as of: Jul 1, 2024
Transactions value $: $74,623
Form type: 4
Date filed: 7/1/2024, 08:41 PM
Previous filing: Jan 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FUN	Units of Limited Partner Interest	Disposed to Issuer		-445	-100%		0	Jul 1, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FUN	Phantom Units	Award	$74.6K	+1.37K	+13.94%	$54.35	11.2K	Jul 1, 2024	Units of Limited Partner Interest	1.37K		Direct	F2, F3, F4
transaction	FUN	Phantom Units	Disposed to Issuer		-11.2K	-100%		0	Jul 1, 2024	Units of Limited Partner Interest	11.2K		Direct	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to that certain Agreement and Plan of Merger, dated as of November 2, 2023 (the "Merger Agreement"), by and among the Issuer, Six Flags Entertainment Corporation, CopperSteel HoldCo, Inc. (now known as Six Flags Entertainment Corporation) ("HoldCo") and CopperSteel Merger Sub, LLC, each unit of limited partner interest of the Issuer was converted into the right to receive one share of HoldCo common stock on July 1, 2024.
F2	Each phantom unit is the economic equivalent of one unit of limited partner interest in the Issuer. These phantom units are payable in units or a combination of cash and units when the Reporting Person's service to the Issuer ends.
F3	Represents phantom units acquired by the Reporting Person (in an exempt transaction) as deferred compensation pursuant to the Issuer's omnibus plan.
F4	Includes additional phantom unit distribution equivalents accrued on deferred units exempt under Rule 16a-11.
F5	In accordance with the terms of the Merger Agreement, each phantom unit held by the Reporting Person subject to vesting conditions under applicable deferred unit award agreements were converted into one share of HoldCo common stock.