Arik W. Ruchim - Jul 1, 2024 Form 4 Insider Report for Six Flags Entertainment Corp/OLD (SIX)

Signature
/s/ Arik W. Ruchim
Stock symbol
SIX
Transactions as of
Jul 1, 2024
Transactions value $
$0
Form type
4
Date filed
7/3/2024, 05:29 PM
Previous filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIX Common Stock, par value $0.025 per share Disposed to Issuer -11.4M -100% 0 Jul 1, 2024 See Footnote F1, F2
* 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, Cedar Fair, L.P., CopperSteel HoldCo, Inc. (now known as Six Flags Entertainment Corporation) ("HoldCo") and CopperSteel Merger Sub, LLC, each share of Common Stock was disposed of in exchange for .5800 shares of HoldCo common stock.
F2 Funds owned and managed by H Partners Management, LLC ("H Management") directly own the reported securities. The Reporting Person, as a partner of H Management, may be deemed to have voting and dispositive power with respect to the shares of Common Stock held by the managed funds. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.