TAKE TWO INTERACTIVE SOFTWARE INC — Director's Dealing 2010

Jun 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK: 0000946581
Period of Report: 2010-06-14

Reporting Person: Goldstein Lainie (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-14	Common Stock	S	4149	$10.10	Disposed	154579	Direct
2010-06-14	Common Stock	S	936	$10.13	Disposed	153643	Direct
2010-06-16	Common Stock	A	149193	—	Acquired	302836	Direct

Footnotes

F1: The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and was effected to satisfy the reporting person's tax withholding obligations upon the vesting of previously granted shares of restricted stock.

F2: Represents the acquisition of shares pursuant to an amended and restated employment agreement. 99,462 shares of restricted stock vest in three equal annual installments commencing on the first anniversary of March 17, 2010. 49,731 shares of restricted stock are subject to performance based hurdles. As provided by the terms of the employment agreement, the grant date is the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q.