SEC Form 4 · accession 0001104659-16-124498
TAKE TWO INTERACTIVE SOFTWARE INC · TTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Sheresky
Director
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 4:26 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 | May 26, 2016 | A | 1,289 | $0.00 | A | 67,337 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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 Pricing Date (as defined below). As provided by the terms of the Program and the Stock Plan, (i) the grant date was May 26, 2016; and (ii) the number of shares were determined based on the dollar value of the award and the average of the closing prices of the common stock on the ten trading days prior to May 26, 2016 (the "Pricing Date"), the fifth trading day following the filing of the Issuer's Annual Report on Form 10-K.