AI assistant
TAKE TWO INTERACTIVE SOFTWARE INC — Director's Dealing 2015
Feb 18, 2015
30046_dirs_2015-02-18_44f72ee8-6ab9-41a9-8c43-d207dc269330.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK: 0000946581
Period of Report: 2015-02-13
Reporting Person: Sheresky Michael (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-13 | Common Stock | A | 1437 | — | Acquired | 66001 | Direct |
| 2015-02-17 | Common Stock | S | 400 | $28.21 | Disposed | 65601 | Direct |
Footnotes
F1: Represents the acquisition of shares pursuant to a grant of restricted common stock pursuant to the Director compensation program (the "Program") and the Issuer's 2009 Stock Incentive Plan (the "Stock Plan"). The shares of restricted stock vest on the first anniversary of the grant date. As provided by the terms of the Program and the Stock Plan, (i) the grant date was the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q; and (ii) the number of shares were determined based on the grant value and the average of the closing prices of the common stock on the ten trading days prior to the date of grant.
F2: 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 obligations upon the vesting of previously granted shares of restricted stock.