Lainie Goldstein - Sep 3, 2024 Form 4 Insider Report for TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)

Signature
/s/ Lainie Goldstein
Stock symbol
TTWO
Transactions as of
Sep 3, 2024
Transactions value $
-$182,177
Form type
4
Date filed
9/5/2024, 04:09 PM
Previous filing
Aug 1, 2024
Next filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TTWO Common Stock Sale -$182K -1.15K -0.32% $158.14 362K Sep 3, 2024 Direct F1, 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 This sale was effected pursuant to a Rule 10b5-1 "sell to cover" election made by the Reporting Person for the sole purpose to satisfy the Reporting Person's tax withholding obligation upon the settlement of previously granted restricted units. This sale does not represent a discretionary trade by the Reporting Person.
F2 Includes (i) 144,609 shares of Common Stock, (ii) 32,001 unvested time-based restricted stock units and (iii) 185,584 unvested performance-based restricted stock units. Such unvested awards will vest, or fail to vest, in accordance with the terms of the applicable award agreements.