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TAKE TWO INTERACTIVE SOFTWARE INC Director's Dealing 2010

Sep 14, 2010

30046_dirs_2010-09-14_dae7dc76-0fa4-47f1-9e16-232d29803e4f.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK: 0000946581
Period of Report: 2010-09-10

Reporting Person: Nelson James Larry (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-09-10 Common Stock P 5000 $9.54 Acquired 9555 Direct
2010-09-13 Common Stock A 4616 Acquired 14171 Direct

Footnotes

F1: Represents a weighted average purchase price; the purchase prices ranged from $9.358 to $9.54. 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.

F2: Represents the acquisition of shares pursuant to a quarterly grant of restricted common stock pursuant to the Director compensation program. The shares of restricted stock vest in three equal annual installments commencing on the first anniversary of the grant date. As provided by the terms of such program, (i) the grant date is the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q; and (ii) the number of shares was determined based on a grant value of $41,250 and a price of $8.935 per share, the average of the closing prices on the ten trading days prior to the date of grant.