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TAKE TWO INTERACTIVE SOFTWARE INC — Director's Dealing 2014
Nov 3, 2014
30046_dirs_2014-11-03_300a523a-e79f-4f2e-972a-f16f3bd9183d.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK: 0000946581
Period of Report: 2014-10-24
Reporting Person: Emerson Daniel P (General Counsel)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 71144 | Direct |
Footnotes
F1: Includes a grant of 19,108 restricted shares of common stock under the Take-Two Interactive Software, Inc. 2009 Stock Incentive Plan, which is comprised of (i) 13,877 time-based restricted shares that vest on May 31, 2015 and (ii) 5,231 performance-based restricted shares that vest on May 31, 2015.
F2: Includes a grant of 10,913 time-based restricted shares of common stock that vest on April 1, 2016 under the Take-Two Interactive Software, Inc. 2009 Stock Incentive Plan.
F3: Includes a grant of 12,329 restricted shares of common stock under the Take-Two Interactive Software, Inc. 2009 Stock Incentive Plan, which is comprised of (i) 6,165 time-based restricted shares that vest in two equal annual installments on May 21, 2015 and May 21, 2016; and (ii) 6,164 performance-based restricted shares that vest in two equal annual installments on May 21, 2015 and May 21, 2016.
F4: Includes a grant of 22,524 restricted units under the Take-Two Interactive Software, Inc. 2009 Stock Incentive Plan, which is comprised of (i) 7,508 time-based restricted units that vest in three equal annual installments commencing on May 27, 2015 and (ii) 15,016 performance-based restricted units that vest in two equal annual installments commencing on May 27, 2016, subject to the satisfaction of certain performance criteria. 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 15,016, with the number of shares at target performance equal to 7,508.