Filing Details
- Accession Number:
- 0001104659-13-027165
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-04-04 17:30:47
- Reporting Period:
- 2013-04-02
- Filing Date:
- 2013-04-04
- Accepted Time:
- 2013-04-04 17:30:47
- 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 |
---|---|---|---|---|---|---|---|
1223489 | Strauss Zelnick | C/O Take-Two Interactive Software, Inc. 622 Broadway New York NY 10012 | Chairman, Ceo | Yes | 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 | 2013-04-02 | 136,934 | $15.58 | 2,794,750 | 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 | 67,125 | Indirect | By Zelnick Belzberg Living Trust |
Common Stock | 185,000 | Indirect | By Wendy Jay Belzberg 2012 Family Trust |
Footnotes
- 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. Zelnick 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.
- On April 1, 2013, 275,000 shares of restricted stock previously granted to ZelnickMedia vested. On April 2, 2013, ZelnickMedia (i) distributed a total of 138,066 shares to its partners, including 52,594 shares to Mr. Zelnick (which are held by Zelnick/Belzberg Living Trust), pursuant to a Section 16 exempt transaction and (ii) sold a total of 136,934 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.
- Represents a weighted average sales price; the sales prices ranged from $15.29 to $15.98. Upon request, the full sale information regarding the number of shares sold at each price increment will be provided to the Commission, the issuer or a security holder of the issuer.
- Represents 2,794,750 shares of Common Stock held directly by ZelnickMedia (such shares are not held individually by Mr. Zelnick). Does not include 85,472 shares distributed by ZelnickMedia to its affiliates (other than Mr. Zelnick) pursuant to the Section 16 exempt transactions referred to in Footnote (2) above.
- Represents 67,125 shares of Common Stock held by Zelnick/Belzberg Living Trust (such shares are indirectly held by Mr. Zelnick).
- Represents 185,000 shares of Common Stock held by the Wendy Jay Belzberg 2012 Family Trust (such shares are indirectly held by Mr. Zelnick). These shares were previously transferred from the Zelnick/Belzberg Living Trust to the Wendy Jay Belzberg 2012 Family Trust pursuant to Section 16 exempt transactions.