Mike Spanos - Nov 14, 2021 Form 4 Insider Report for Six Flags Entertainment Corp (SIX)

Role
Former Director, President,CEO
Signature
/s/ Michael Spanos
Stock symbol
SIX
Transactions as of
Nov 14, 2021
Transactions value $
-$2,238,230
Form type
4
Date filed
11/16/2021, 04:25 PM
Previous filing
Aug 20, 2021
Next filing
Sep 1, 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 Tax liability -$2.33M -57.4K -21.74% $40.58 207K Nov 14, 2021 Direct F1, F2
transaction SIX Common Stock, par value $0.025 per share Award $0 +5.65K +2.74% $0.00 212K Nov 14, 2021 Direct F3
transaction SIX Common Stock, par value $0.025 per share Tax liability $90.3K +2.23K +1.07% $40.58 210K Nov 14, 2021 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mike Spanos is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares withheld in payment of tax liability resulting from the accelerated vesting of previously reported restricted stock units, in connection with the reporting person's departure from Six Flags Entertainment Corporation (the "Company").
F2 The reported amount gives effect to the forfeiture of 128,343 restricted stock units in connection with the reporting person's departure from the Company.
F3 Grant of shares of common stock pursuant to dividend equivalent rights under the Company's Long-Term Incentive Plan. The number of shares of common stock granted was based on the conversion of cash dividend equivalents accumulated on previously granted restricted stock units that vested.
F4 Shares withheld in payment of tax liability in connection with the grant of shares of common stock pursuant to dividend equivalent rights under the Company's Long-Term Incentive Plan issued on November 14, 2021.