Filing Details

Accession Number:
0001127602-17-014441
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-04-06 17:13:58
Reporting Period:
2017-04-04
Filing Date:
2017-04-06
Accepted Time:
2017-04-06 17:13:58
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 2017-04-04 46,752 $0.00 851,774 No 4 D Indirect By Zelnick Media Corporation
Common Stock Disposition 2017-04-04 387,237 $57.98 464,537 No 4 S Indirect By Zelnick Media Corporation
Common Stock Disposition 2017-04-04 91,602 $0.00 372,935 No 4 J Indirect By Zelnick Media Corporation
Common Stock Disposition 2017-04-04 91,602 $0.00 0 No 5 G Direct
Common Stock Acquisiton 2017-04-04 91,602 $0.00 219,883 No 5 G Indirect By Zelnick Belzberg Living Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 D Indirect By Zelnick Media Corporation
No 4 S Indirect By Zelnick Media Corporation
No 4 J Indirect By Zelnick Media Corporation
No 5 G Direct
No 5 G Indirect By Zelnick Belzberg Living Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 110,000 Indirect By Wendy Jay Belzberg 2012 Family Trust
Footnotes
  1. Represents the forfeiture of performance-based restricted units previously granted to ZelnickMedia due to the failure to meet certain performance conditions.
  2. Represents 372,935 restricted units and 478,839 shares of Common Stock held directly by ZelnickMedia, of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZelnickMedia except to the extent of his pecuniary interest therein.
  3. On April 4, 2017, 478,839 restricted units previously granted to ZelnickMedia vested. Such restricted units were registered at the time of grant pursuant to a registration statement filed with the Commission which was automatically declared effective on May 20, 2015. The reported sale transactions were effected pursuant to Rule 10b5-1 trading plans, including to satisfy the tax obligations of the partners of ZelnickMedia upon the vesting of such restricted units.
  4. Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $57.775 to $58.72, 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.
  5. Represents 372,935 restricted units and 91,602 shares of Common Stock held directly by ZelnickMedia, of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZelnickMedia except to the extent of his pecuniary interest therein.
  6. On April 4, 2017, 478,839 restricted units previously granted to ZelnickMedia vested and ZelnickMedia distributed a total of 91,602 shares received upon vesting to Mr. Zelnick, which shares Mr. Zelnick had previously indirectly beneficially owned through ZelnickMedia.
  7. Represents 372,935 restricted units held directly by ZelnickMedia, of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZelnickMedia except to the extent of his pecuniary interest therein.
  8. Mr. Zelnick received 91,602 shares pursuant to a distribution, as further described in Footnote (6) above, which receipt was exempt from Section 16 as such shares were previously held by Mr. Zelnick indirectly through ZelnickMedia. Mr. Zelnick then contributed such securities to the Zelnick/Belzberg Living Trust in exchange for no consideration.
  9. Represents 219,883 shares of Common Stock held by the Zelnick/Belzberg Living Trust (such securities are indirectly held by Mr. Zelnick), including 91,602 shares received by Mr. Zelnick pursuant to the distribution referred to in Footnote (6) above. Mr. Zelnick disclaims beneficial ownership of the securities held by the Zelnick/Belzberg Living Trust except to the extent of his pecuniary interest therein.
  10. Represents 110,000 shares of Common Stock held by the Wendy Jay Belzberg 2012 Family Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Wendy Jay Belzberg 2012 Family Trust except to the extent of his pecuniary interest therein.