Karl Slatoff - Jun 4, 2024 Form 4 Insider Report for TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)

Role
President
Signature
/s/ Karl Slatoff
Stock symbol
TTWO
Transactions as of
Jun 4, 2024
Transactions value $
-$1,864,893
Form type
4
Date filed
6/6/2024, 04:09 PM
Previous filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTWO Common Stock Gift -$1.86M -11.2K -25% $165.96 33.7K Jun 4, 2024 Direct F1
holding TTWO Common Stock 1.42M Jun 4, 2024 By ZMC Advisors, L.P. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents a charitable gift/transfer of shares of Common Stock to a 501(c)(3) organization. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on December 8, 2023 by the Reporting Person.
F2 Represents 1,423,088 restricted units held directly by ZMC Advisors, L.P., 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 ZMC Advisors, L.P. except to the extent of his pecuniary interest therein.