Filing Details

Accession Number:
0001104659-10-034235
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-16 13:00:00
Reporting Period:
2010-06-14
Filing Date:
2010-06-16
Accepted Time:
2010-06-16 21:31:54
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
Executive Chairman 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 2010-06-14 87,160 $10.21 1,100,000 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 95,548 Indirect By Zelnick Belzberg Trust
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. 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.
  2. On June 13, 2010, 200,000 shares of restricted stock previously granted to ZelnickMedia vested. On June 14, 2010, ZelnickMedia (i) distributed a total of 112,840 shares to its partners, including 43,118 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 87,160 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, including 36,882 shares sold to satisfy Mr. Zelnick's tax obligations.
  3. Represents 1,100,000 shares of Common Stock held directly by ZelnickMedia (such shares are not held individually by Mr. Zelnick). Does not include 141,122 shares previously distributed by ZelnickMedia to its affiliates (other than Mr. Zelnick) pursuant to Section 16 exempt transactions, including the shares distributed on June 14, 2010, as referred to in Footnote (2) above.
  4. Represents 95,548 shares of Common Stock held by Zelnick/Belzberg Living Trust (such shares are indirectly held by Mr. Zelnick).