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Filing Details

Accession Number:: 0001104659-15-040504
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-05-22 21:10:23
Reporting Period:: 2015-05-20

Filing Date:: 2015-05-22
Accepted Time:: 2015-05-22 21:10:23
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
946581	Take Two Interactive Software Inc	TTWO	Services-Prepackaged Software (7372)	510350842

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1427810	Karl Slatoff	C/O Take-Two Interactive Software, Inc. 622 Broadway New York NY 10012	President	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-05-20	525,591	$0.00	2,278,081	No	4	A	Indirect	By Zelnick Media Corporation
Common Stock	Disposition	2015-05-20	24,750	$0.00	2,253,331	No	4	D	Indirect	By Zelnick Media Corporation
Common Stock	Disposition	2015-05-20	152,386	$27.72	1,976,268	No	4	S	Indirect	By Zelnick Media Corporation
Common Stock	Disposition	2015-05-20	19,948	$27.52	0	No	4	S	Direct
Common Stock	Disposition	2015-05-21	152,386	$27.64	1,699,205	No	4	S	Indirect	By Zelnick Media Corporation
Common Stock	Disposition	2015-05-21	19,948	$27.64	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Indirect	By Zelnick Media Corporation
No	4	D	Indirect	By Zelnick Media Corporation
No	4	S	Indirect	By Zelnick Media Corporation
No	4	S	Direct
No	4	S	Indirect	By Zelnick Media Corporation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	19,948	Direct
Common Stock	19,948	Direct

Footnotes

Represents the grant of 525,591 restricted units to ZelnickMedia Corporation ("ZelnickMedia") pursuant to the Restricted Unit Agreement entered into by ZelnickMedia and the Company on May 20, 2015. Includes 151,575 time-based restricted units that vest on April 1, 2017 and 374,016 performance-based restricted units. Further information regarding the Restricted Unit Agreement and the restricted units, including the vesting schedule, is available in the Company's Registration Statement on Form S-3 filed with the Commission on March 20, 2015.
Represents 2,278,081 shares of Common Stock held directly by ZelnickMedia, of which Mr. Slatoff is a partner (such shares are not held individually by Mr. Slatoff).
Forfeiture of shares of performance-based restricted stock previously granted to ZelnickMedia due to the failure to meet performance conditions.
Represents 2,253,331 shares of Common Stock held directly by ZelnickMedia, of which Mr. Slatoff is a partner (such shares are not held individually by Mr. Slatoff).
The transaction reported on this Form 4 was effected pursuant to a registration statement by certain selling stockholders, including ZelnickMedia, of which Mr. Slatoff is a partner, and was effected to satisfy the tax obligations of the partners of ZelnickMedia upon the vesting of shares of restricted stock previously granted to ZelnickMedia, as further described in Footnote (7) below. The registration statement was filed with, and was declared effective on May 20, 2015 by, the Commission.
Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $27.32 to $28.15, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.
On May 20, 2015, 277,063 shares of restricted stock previously granted to ZelnickMedia vested and ZelnickMedia (i) distributed a total of 124,677 shares to its partners, including 19,948 shares to Mr. Slatoff, pursuant to a Section 16 exempt transaction and (ii) sold a total of 152,386 shares pursuant to the registration statement referred to in Footnote (5) to satisfy the tax obligations of its partners receiving shares in the distribution.
Represents 1,976,268 shares of Common Stock held directly by ZelnickMedia, of which Mr. Slatoff is a partner (such shares are not held individually by Mr. Slatoff). Does not include 124,677 shares distributed by ZelnickMedia to its affiliates (including Mr. Slatoff) pursuant to the Section 16 exempt transactions referred to in Footnote (7) above.
Represents 19,948 shares of Common Stock held directly by Mr. Slatoff, including 19,948 shares acquired by Mr. Slatoff pursuant to the Section 16 exempt distribution referred to in Footnote (7) above.
The transaction reported on this Form 4 was effected pursuant to a registration statement by certain selling stockholders, including the Reporting Person. The registration statement was filed with, and was declared effective on May 20, 2015 by, the Commission.
Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $27.50 to $27.55, inclusive. Upon request, the Reporting Person undertakes to provide full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.
The transaction reported on this Form 4 was effected pursuant to a registration statement by certain selling stockholders, including ZelnickMedia, of which Mr. Slatoff is a partner, and was effected to satisfy the tax obligations of the partners of ZelnickMedia upon the vesting of shares of restricted stock previously granted to ZelnickMedia, as further described in Footnote (14) below. The registration statement was filed with, and was declared effective on May 20, 2015 by, the Commission.
Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $27.54 to $27.86. Upon request, the Reporting Person undertakes to provide full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.
On May 21, 2015, 277,063 shares of restricted stock previously granted to ZelnickMedia vested and ZelnickMedia (i) distributed a total of 124,677 shares to its partners, including 19,948 shares to Mr. Slatoff, pursuant to a Section 16 exempt transaction and (ii) sold a total of 152,386 shares pursuant to the registration statement referred to in Footnote (12) to satisfy the tax obligations of its partners receiving shares in the distribution.
Represents 1,699,205 shares of Common Stock held directly by ZelnickMedia, of which Mr. Slatoff is a partner (such shares are not held individually by Mr. Slatoff). Does not include 124,677 shares distributed by ZelnickMedia to its affiliates (including Mr. Slatoff) pursuant to the Section 16 exempt transactions referred to in Footnote (14) above.
Represents 19,948 shares of Common Stock held directly by Mr. Slatoff, including 19,948 shares acquired by Mr. Slatoff pursuant to the Section 16 exempt distribution referred to in Footnote (14) above.
The transaction reported on this Form 4 was effected pursuant to a registration statement by certain selling stockholders, including the Reporting Person. The registration statement was filed with, and was declared effective on May 20, 2015 by, the Commission.
Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $27.5 to $27.92, inclusive. Upon request, the Reporting Person undertakes to provide full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.