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Filing Details

Accession Number:: 0001127602-23-017874
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-06-05 17:14:17
Reporting Period:: 2023-06-01

Accepted Time:: 2023-06-05 17:14:17
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
1623654	P Daniel Emerson	C/O Take-Two Interactive Software, Inc. 110 West 44Th Street New York NY 10036	Chief Legal Officer	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
Common Stock	Disposition	2023-06-01	3,568	$0.00	88,837	No	4	D	Direct
Common Stock	Disposition	2023-06-01	4,867	$137.59	83,970	No	4	F	Direct
Common Stock	Acquisiton	2023-06-01	54,577	$0.00	138,547	No	4	A	Direct
Common Stock	Disposition	2023-06-05	1,947	$136.85	136,600	No	4	S	Direct
Common Stock	Disposition	2023-06-05	4,304	$138.34	132,296	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	D	Direct
No	4	F	Direct
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

Represents the forfeiture of 3,568 performance-based restricted units previously granted to Mr. Emerson on June 1, 2021 due to the failure to meet certain performance conditions.
This represents (i) 2,003 shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of time-based and performance-based restricted stock units originally granted on June 1, 2020, which vested on June 1, 2023, (ii) 1,284 shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of time-based and performance-based restricted stock units originally granted on June 1, 2021, which vested on June 1, 2023 and (iii) 1,580 shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of time-based restricted stock units originally granted on June 1, 2022, which vested on June 1, 2023.
Represents the grant of 54,577 restricted units to Mr. Emerson under the Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan. Includes (i) 10,903 time-based restricted units that vest 25% on June 1, 2024 and thereafter in twelve equal quarterly installments commencing on September 1, 2024 and (ii) 43,674 performance-based restricted units that vest 100% on June 1, 2026, subject to the satisfaction of certain performance criteria. The number of restricted units was determined based on the dollar value of the award and the average of the closing prices of the common stock on the thirty trading days immediately prior to June 1, 2023.
The number of shares of common stock that may be issued upon vesting of the performance-based units assumes the achievement of the maximum performance criteria (200% of target) established by the Issuer's Compensation Committee; however the actual number of such shares may range from zero to 43,674, with the number of shares at target performance equal to 21,837.
Sale of shares pursuant to Rule 10b5-1 trading plan adopted on March 2, 2023.
Includes 214 shares of Common Stock acquired pursuant to the Take-Two Interactive Software, Inc. Second Amended and Restated 2017 Global Employee Stock Purchase Plan.
Includes (i) 24,230 unvested time-based restricted stock units and (ii) 108,066 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.