SEC Form 4 · accession 0001127602-16-069002
TAKE TWO INTERACTIVE SOFTWARE INC · TTWO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Strauss Zelnick
Officer — Chairman, CEO · Director
Period of report
Nov 30, 2016
Accepted (ET)
Dec 2, 2016 · 5:05 pm EST
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 | Nov 30, 2016 | S | 10,000 | $49.5484 | D | 0 | I | By Zelnick Belzberg Charitable Trust |
| Common StockF3,F4 | Nov 30, 2016 | S | 70,000 | $49.5486 | D | 128,281 | I | By Zelnick Belzberg Living Trust |
| Common StockF5 | holding | — | — | — | 898,526 | I | By Zelnick Media Corporation | |
| Common StockF6 | holding | — | — | — | 135,000 | I | By Wendy Jay Belzberg 2012 Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were previously transferred from the Zelnick Belzberg Living Trust to the Zelnick Belzberg Charitable Trust pursuant to Section 16 exempt transactions.
- F2Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $49.02 to $49.95, 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.
- F3Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $48.99 to $49.96, 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.
- F4Represents 128,281 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.
- F5Represents 898,526 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.
- F6Represents 135,000 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.