TAKE TWO INTERACTIVE SOFTWARE INC — Director's Dealing 2013

Sep 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK: 0000946581
Period of Report: 2013-09-16

Reporting Person: ZELNICK STRAUSS (Director, Chairman, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-16	Common Stock	S	50000	$18.0004	Disposed	135000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1894750	Indirect
Common Stock	67125	Indirect

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.

F2: Represents a weighted average sales price; the sales prices ranged from $18.00 to $18.10. 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.

F3: Represents 135,000 shares of Common Stock held by the Wendy Jay Belzberg 2012 Family Trust (such shares are indirectly held by the Reporting Person).

F4: Represents 1,894,750 shares of Common Stock held directly by ZelnickMedia Corporation, of which the Reporting Person is a partner (such shares are not held individually by the Reporting Person). This Form 4 corrects the inadvertent inclusion of 900,000 shares of restricted Common Stock reported in the Reporting Person's Form 4s filed on November 5, 2012 and April 4, 2013, which shares were forfeited by ZelnickMedia Corporation in June 2012 because the price of the Common Stock did not achieve its performance targets, as provided under in the issuer's management agreement with ZelnickMedia Corporation. See the issuer's Annual Report on Form 10-K filed on May 13, 2013 for further information. As a result of this clerical error, the Reporting Person's total common stock holdings has been reduced by 900,000 shares from the previously filed Form 4s.

F5: Represents 67,125 shares of Common Stock held by Zelnick/Belzberg Living Trust (such shares are indirectly held by the Reporting Person).