Michael Sheresky - Feb 14, 2023 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
Feb 14, 2023
Transactions value $
-$18,570
Form type
4
Date filed
2/16/2023, 03:34 PM
Previous filing
Nov 16, 2022
Next filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTWO Common Stock Award $0 +519 +0.83% $0.00 63.3K Feb 14, 2023 Direct F1
transaction TTWO Common Stock Sale -$18.6K -162 -0.26% $114.63 63.2K Feb 16, 2023 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 February 14, 2023; 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 thirty trading days prior to February 14, 2023 (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.