Filing Details

Accession Number:
0001104659-14-026015
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-04-04 18:00:57
Reporting Period:
2014-04-02
Filing Date:
2014-04-04
Accepted Time:
2014-04-04 18:00:57
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2014-04-02 379,317 $21.85 1,752,490 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 65,145 Direct
Footnotes
  1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by 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 April 1, 2014, 761,750 shares of restricted stock previously granted to ZelnickMedia vested. On April 2, 2014, ZelnickMedia (i) distributed a total of 382,433 shares to its partners, including 62,240 shares to Mr. Slatoff, pursuant to a Section 16 exempt transaction and (ii) sold a total of 379,317 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 a weighted average sales price; the sales prices ranged from $21.68 to $22.05. 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.
  4. Represents 1,752,490 shares of Common Stock held directly by ZelnickMedia (such shares are not held individually by Mr. Slatoff). Does not include 320,193 shares distributed by ZelnickMedia to its affiliates (other than Mr. Slatoff) pursuant to the Section 16 exempt transactions referred to in Footnote (2) above.
  5. Represents 65,145 shares of Common Stock held directly by Mr. Slatoff, including 62,240 shares acquired by Mr. Slatoff pursuant to the Section 16 exempt distributions referred to in Footnote (2) above.