TAKE TWO INTERACTIVE SOFTWARE INC — Director's Dealing 2019

Apr 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK: 0000946581
Period of Report: 2019-04-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-12	Common Stock	J	8692	—	Disposed	296256	Indirect
2019-04-15	Common Stock	A	315315	—	Acquired	611571	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	169540	Indirect
Common Stock	95000	Indirect

Footnotes

F1: On April 12, 2019, ZelnickMedia Corporation ("ZelnickMedia") distributed a total of 8,692 shares of Common Stock to its employees, but none of which were distributed to Mr. Zelnick.

F2: Represents 296,256 restricted units held directly by ZelnickMedia, of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZelnickMedia except to the extent of his pecuniary interest therein.

F3: Represents the grant of 315,315 restricted units to ZelnickMedia pursuant to the Restricted Unit Agreement entered into by ZelnickMedia and the Company on April 15, 2019. Includes 91,543 time-based restricted units that are scheduled to vest on April 13, 2021 and 223,772 performance-based restricted units that are scheduled to vest on April 13, 2021. Further information regarding the Restricted Unit Agreement and the restricted units, including the vesting schedule, is available in the Company's Registration Statement on Form S-3 filed with the Commission on April 15, 2019.

F4: Represents 611,571 restricted units held directly by ZelnickMedia, of which Mr. Zelnick is a partner (such securities are not held individually by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by ZelnickMedia except to the extent of his pecuniary interest therein.

F5: Represents 169,540 shares of Common Stock held by the Zelnick/Belzberg Living Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Zelnick/Belzberg Living Trust except to the extent of his pecuniary interest therein.

F6: Represents 95,000 shares of Common Stock held by the Wendy Jay Belzberg 2012 Family Trust (such securities are indirectly held by Mr. Zelnick). Mr. Zelnick disclaims beneficial ownership of the securities held by the Wendy Jay Belzberg 2012 Family Trust except to the extent of his pecuniary interest therein.