Michael Sheresky - Aug 10, 2021 Form 4 Insider Report for TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)

Role
Director
Signature
/s/ Aaron Diamond, attorney-in-fact for Mr. Michael Sheresky
Stock symbol
TTWO
Transactions as of
Aug 10, 2021
Transactions value $
-$25,294
Form type
4
Date filed
8/12/2021, 05:03 PM
Previous filing
Jun 3, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTWO Common Stock Award $0 +333 +0.55% $0.00 61.4K Aug 10, 2021 Direct F1
transaction TTWO Common Stock Sale -$25.3K -159 -0.26% $159.08* 61.3K Aug 12, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the acquisition of shares pursuant to a grant of restricted common stock pursuant to the Director compensation program (the "Program") and the Issuer's 2017 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 August 10, 2021; 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 August 10, 2021 (the "Pricing Date"), the fifth trading day following the filing of the Issuer's Quarterly Report on Form 10-Q.
F2 This transaction was effected pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person and was effected to satisfy the Reporting Person's tax obligations upon the vesting of previously granted shares of restricted stock.