SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* JAFFER REHAN (Last) (First) (Middle) 888 SEVENTH AVENUE 29TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/30/2010	3. Issuer Name and Ticker or Trading Symbol SIX FLAGS, INC. [ SIXFQ ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	4,550,449(1)	I	See Footnote(2)
Common Stock	2,104,550(1)	I	See Footnote(3)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* JAFFER REHAN (Last) (First) (Middle) 888 SEVENTH AVENUE 29TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* H PARTNERS MANAGEMENT, LLC (Last) (First) (Middle) 888 SEVENTH AVENUE 29TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* H PARTNERS CAPITAL, LLC (Last) (First) (Middle) 888 SEVENTH AVENUE 29TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* H PARTNERS, LP (Last) (First) (Middle) 888 SEVENTH AVENUE 29TH FLOOR (Street) NEW YORK NY 10019 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* H OFFSHORE FUND, LTD. (Last) (First) (Middle) C/O OGIER FIDUCIARY SERVICE (CAY) LTD P.O. BOX 1234 (Street) GRAND CAYMAN E9 KY1-1108 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These shares of common stock of the issuer were distributed by the issuer in accordance with the Modified Fourth Amended Joint Plan of Reorganization of the issuer and its subsidiaries under Chapter 11 of the Bankruptcy Code (the "Plan"), which was approved by the bankruptcy court on April 30, 2010. Of the shares of common stock received by the Reporting Persons, 452,654 shares of common stock were issued upon effectiveness of the Plan pursuant to Section 1145(a) of the Bankruptcy Code, and 6,202,345 shares of common stock were issued upon effectiveness of the Plan pursuant to subscription rights distributed by the issuer in a rights offering. In addition, on April 30, 2010, Six Flags, Inc. changed its name to Six Flags Entertainment Corporation.

2. H Partners, LP ("H LP") directly owns the reported securities. H Partners Capital, LLC ("H Capital") is the general partner of H LP. H Partners Management, LLC ("H Management") is the investment manager of H LP and Mr. Jaffer is the managing member of H Management and H Capital. As a result, H Capital, H Management and Mr. Jaffer may be deemed to have voting and dispositive power with respect to the shares of common stock held by H LP. Each of H Capital, H Management and Mr. Jaffer disclaim beneficial ownership of the reported securities except to the extent of his or its 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.

3. H Offshore Fund, Ltd. ("H Offshore") directly owns the reported securities. H Management is the investment manager of H Offshore and Rehan Jaffer is the managing member of H Management. As a result, H Management and Mr. Jaffer may be deemed to have voting and dispositive power with respect to the shares of common stock held by H Offshore. Each of Mr. Jaffer and H Management disclaim beneficial ownership of the reported securities except to the extent of his or its 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.

	/s/ Rehan Jaffer	05/10/2010
	H Partners Management, LLC By: /s/ Rehan Jaffer, as Managing Member	05/10/2010
	H Partners Capital, LLC By: /s/ Rehan Jaffer, as Managing Member	05/10/2010
	H Partners, LP By: H Partners Capital, LLC, as General Partner By: /s/ Rehan Jaffer, as Managing Member	05/10/2010
	H Offshore Fund, Ltd. By: H Partners Management, LLC, as Investment Manager By: /s/ Rehan Jaffer, as Managing Member	05/10/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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