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TAKE TWO INTERACTIVE SOFTWARE INC — Director's Dealing 2019
Apr 16, 2019
30046_dirs_2019-04-16_0459fd74-f1ce-4df5-8e59-f0ce437885b0.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: 2019-04-12
Reporting Person: Slatoff Karl (President)
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 |
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. Slatoff.
F2: Represents 296,256 restricted units held directly by ZelnickMedia, of which Mr. Slatoff is a partner (such securities are not held individually by Mr. Slatoff). Mr. Slatoff 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. Slatoff is a partner (such securities are not held individually by Mr. Slatoff). Mr. Slatoff disclaims beneficial ownership of the securities held by ZelnickMedia except to the extent of his pecuniary interest therein.