SEC Form 4 · accession 0001104659-16-123035
TAKE TWO INTERACTIVE SOFTWARE INC · TTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel P Emerson
Officer — Exec. VP and General Counsel
Period of report
May 21, 2016
Accepted (ET)
May 24, 2016 · 6:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000946581
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 21, 2016 | F | 2,542 | $36.37 | D | 110,746 | D | |
| Common StockF3,F4 | May 23, 2016 | S | 13,051 | $36.4924 | D | 97,695 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This represents shares withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of time-based and performance-based restricted stock awards originally granted on June 10, 2013, which vested on May 21, 2016.
- F2Includes (i) 26,059 shares of Common Stock, (ii) 17,939 unvested time-based restricted stock units, and (iii) 66,748 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.
- F3Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $36.40 to $37.00, inclusive. Upon request, the Reporting Person undertakes to provide the full sale information regarding the number of shares sold at each price increment to the Commission, the Issuer or any security holder of the Issuer.
- F4Includes (i) 13,008 shares of Common Stock, (ii) 17,939 unvested time-based restricted stock units, and (iii) 66,748 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.