Filing Details

Accession Number:
0001104659-11-035178
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-06-16 17:27:02
Reporting Period:
2011-06-14
Filing Date:
2011-06-16
Accepted Time:
2011-06-16 17:27:02
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
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2011-06-14 88,303 $15.18 900,000 No 4 S Indirect By Zelnick Media Corporation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Zelnick Media Corporation
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 27,071 Direct
Footnotes
  1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by ZelnickMedia Corporation ("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 (2) below.
  2. On June 13, 2011, 200,000 shares of restricted stock previously granted to ZelnickMedia vested. On June 14, 2011, ZelnickMedia (i) distributed a total of 111,697 shares to its partners, including 8,879 shares to Mr. Slatoff pursuant to a Section 16 exempt transaction and (ii) sold a total of 88,303 shares pursuant to the Rule 10b5-1 trading plan referred to in Footnote (1) to satisfy the tax obligations of its partners receiving shares in the distribution.
  3. Represents 900,000 shares of Common Stock held directly by ZelnickMedia (such shares are not held individually by Mr. Slatoff). Does not include 102,818 shares distributed by ZelnickMedia to its affiliates (other than Mr. Slatoff) pursuant to the Section 16 exempt transactions referred to in Footnote (2) above.
  4. Represents 27,071 shares of Common Stock held directly by Karl Slatoff.