UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) May 22, 2008
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Six Flags, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-13703 13-3995059
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(Commission File Number) (IRS Employer Identification No.)
1540 Broadway; 15th Floor
New York, New York 10036
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(Address of Principal (Zip Code)
Executive Offices)
(212) 652-9403
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
(e) At the 2008 Annual Meeting of Stockholders held on May 22, 2008,
the stockholders of Six Flags, Inc. (the "Company") approved the 2008 Stock
Option and Incentive Plan (the "Plan"). The Plan will remain in effect until
March 21, 2018, unless sooner terminated in accordance with its terms. Under the
Plan, the Compensation Committee of the Company's Board of Directors may grant
non-qualified stock options, incentive stock options, stock appreciation rights,
and shares or rights to purchase shares to key employees (including, but not
limited to, officers and directors who are employees) of the Company and its
subsidiaries. In addition, directors who are not employees of the Company or its
subsidiaries are also eligible for grants of options under the Plan. A total of
3,250,000 shares of the Company's common stock may be issued pursuant to the
Plan.
A copy of the Plan is attached hereto as Exhibit 10.1 and is
incorporated herein by reference. Additional information about the Plan can be
obtained in the Company's definitive proxy statement on Schedule 14A for the
2008 Annual Meeting of Stockholders, as filed with the Securities and Exchange
Commission on April 9, 2008, in the section entitled "Proposal 3: Approval of
the 2008 Stock Option and Incentive Plan."
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
10.1 Six Flags, Inc. 2008 Stock Option and Incentive Plan
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SIX FLAGS, INC.
By: /s/ James M. Coughlin
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Name: James M. Coughlin
Title: General Counsel
Date: May 28, 2008
EXHIBIT INDEX
Paper (P) or
Exhibit No. Description Electronic (E)
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10.1 Six Flags, Inc. 2008 Stock Option and Incentive Plan E