Bassoul Selim A

President & CEO

Six Flags Entertainment Corporation

US, Arlington [HQ]

CIK 1246380

Data Source

We automatically created this profile. The information was aggregated based on earnings call transcripts, insider forms and DEF 14A statements.

Latest Information

Price per Share :

$32.00

Equivalence :

$0.0

Transaction History

D

Form 4

0.0 Shares After Transaction

Value : $n/a

$0.0

Transaction Date : 07/01/24
- Footnotes
- Form 4
Footnotes:
#1 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, the reported securities, which included 292,126 shares of Common Stock, 373,001 shares of restricted Common Stock and 2,421 Deferred Stock Units (which settled in shares of Common Stock in connection with closing, which shares were partially withheld to cover taxes) were each disposed of in exchange for .5800 shares of HoldCo common stock.
F

Form 4

540,973 Shares After Transaction

Value : $14,400,701.26

$12,884.08

Transaction Date : 05/12/23
- Footnotes
- Form 4
Footnotes:
#1 Shares withheld in payment of tax liability in connection with the vesting of a previously reported restricted stock award, which vested May 12, 2023.
A

Form 4

903,343 Shares After Transaction

Value : $21,725,399.15

$8,714,998.50

Transaction Date : 12/20/23
- Footnotes
- Form 4
Footnotes:
#1 The reported securities represent a grant of restricted stock under the Six Flags Entertainment Corporation ("Six Flags") Long-Term Incentive Plan (the "Plan"), which will vest, subject to Mr. Bassoul's continued employment with Six Flags through the consummation of the previously announced merger of equals transaction (the "Merger") by and between Six Flags and Cedar Fair, L.P. pursuant to the merger agreement, dated November 2, 2023, by and among the parties thereto (the "Merger Agreement"). The reported amount includes: (i) 62,370 restricted shares received in respect of fifty percent ($1,500,000) of a cash transaction bonus to Mr. Bassoul contemplated by the Merger Agreement and memorialized in that certain Letter Agreement, effective as of December 20, 2023, by and between Six Flags and Mr. Bassoul, and (ii) 300,000 restricted shares granted in settlement of PSUs previously granted to Mr. Bassoul.

#2 Shares withheld in payment of tax liability in connection with the grant of (i) 362,370 shares of restricted stock reported herein and (ii) 246,426 shares of restricted stock granted in settlement of previously reported restricted stock units, as contemplated by the Merger Agreement, which shares of restricted stock will vest at the consummation of the Merger, subject to Mr. Bassoul's continued employment with Six Flags through the consummation of the Merger.
F

Form 4

667,548 Shares After Transaction

Value : $16,054,529.40

$5,670,869.75

Transaction Date : 12/20/23
- Footnotes
- Form 4
Footnotes:
#1 The reported securities represent a grant of restricted stock under the Six Flags Entertainment Corporation ("Six Flags") Long-Term Incentive Plan (the "Plan"), which will vest, subject to Mr. Bassoul's continued employment with Six Flags through the consummation of the previously announced merger of equals transaction (the "Merger") by and between Six Flags and Cedar Fair, L.P. pursuant to the merger agreement, dated November 2, 2023, by and among the parties thereto (the "Merger Agreement"). The reported amount includes: (i) 62,370 restricted shares received in respect of fifty percent ($1,500,000) of a cash transaction bonus to Mr. Bassoul contemplated by the Merger Agreement and memorialized in that certain Letter Agreement, effective as of December 20, 2023, by and between Six Flags and Mr. Bassoul, and (ii) 300,000 restricted shares granted in settlement of PSUs previously granted to Mr. Bassoul.

#2 Shares withheld in payment of tax liability in connection with the grant of (i) 362,370 shares of restricted stock reported herein and (ii) 246,426 shares of restricted stock granted in settlement of previously reported restricted stock units, as contemplated by the Merger Agreement, which shares of restricted stock will vest at the consummation of the Merger, subject to Mr. Bassoul's continued employment with Six Flags through the consummation of the Merger.