Six Flags' Shapiro paid nearly $4 million in salary and stock, but no bonus

Posted | Contributed by Jeff

Six Flags paid CEO Mark Shapiro, 37, $1.1 million in salary and was awarded 250,000 shares of restricted stock valued at $618,000 and 950,000 stock options valued at $2.3 million, according to an SEC filing. Half his stock options vest in phases over the next four years and half only if stock in Six Flags hits preset price targets. Shapiro's restricted stock vests in 2009 and 2010. He was not paid a bonus because the company did not meet its earnings target.