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Filing Details

Accession Number:: 0001104659-15-043269
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-06-03 21:02:03
Reporting Period:: 2015-06-01

Filing Date:: 2015-06-03
Accepted Time:: 2015-06-03 21:02:03
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
1399513	Lainie Goldstein	C/O Take-Two Interactive Software, Inc. 622 Broadway New York NY 10012	Chief Financial 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	Explanation
Common Stock	Acquisiton	2015-06-01	64,665	$0.00	590,781	No	4	A	Direct
Common Stock	Disposition	2015-06-03	21,295	$28.04	569,486	No	4	S	Direct

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

Footnotes

Represents the grant of 64,655 restricted units to Ms. Goldstein under the Take-Two Interactive Software, Inc. 2009 Stock Incentive Plan. Includes (i) 12,933 time-based restricted units that vest in three equal annual installments commencing on June 1, 2016 and (ii) 51,732 performance-based restricted units that vest in two equal annual installments commencing on June 1, 2017, 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 ten trading days prior to June 1, 2015, the fifth trading day following the filing of the Issuer's Annual Report on Form 10-K.
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 51,732, with the number of shares at target performance equal to 25,866.
This transaction was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person.
Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $28.01 to $28.06, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the issuer or any security holder of the issuer.