SEC Form 4 · accession 0001104659-18-023998
TAKE TWO INTERACTIVE SOFTWARE INC · TTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl Slatoff
Officer — President
Period of report
Apr 11, 2018
Accepted (ET)
Apr 13, 2018 · 5:08 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 | Apr 11, 2018 | J | 24,878 | $0.00 | D | 229,282 | I | By Zelnick Media Corporation |
| Common StockF3,F4 | Apr 13, 2018 | A | 296,256 | $0.00 | A | 525,538 | I | By Zelnick Media Corporation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 11, 2018, ZelnickMedia Corporation ("ZelnickMedia") distributed a total of 24,878 shares of Common Stock to its employees, but none of which were distributed to Mr. Slatoff.
- F2Represents 229,282 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.
- F3Represents the grant of 296,256 restricted units to ZelnickMedia pursuant to the Restricted Unit Agreement entered into by ZelnickMedia and the Company on April 13, 2018. Includes 86,010 time-based restricted units that are scheduled to vest on April 13, 2020 and 210,246 performance-based restricted units that are scheduled to vest on April 13, 2020. 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 13, 2018.
- F4Represents 525,538 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.