<SEC-DOCUMENT>0001104659-16-123061.txt : 20160524
<SEC-HEADER>0001104659-16-123061.hdr.sgml : 20160524
<ACCEPTANCE-DATETIME>20160524193426
ACCESSION NUMBER:		0001104659-16-123061
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160520
FILED AS OF DATE:		20160524
DATE AS OF CHANGE:		20160524

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAKE TWO INTERACTIVE SOFTWARE INC
		CENTRAL INDEX KEY:			0000946581
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				510350842
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		622 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10012
		BUSINESS PHONE:		646 536 2842

	MAIL ADDRESS:	
		STREET 1:		622 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10012

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Slatoff Karl
		CENTRAL INDEX KEY:			0001427810

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34003
		FILM NUMBER:		161673186

	MAIL ADDRESS:	
		STREET 1:		C/O ZELNICKMEDIA CORPORATION
		STREET 2:		19 WEST 44TH STREET, 18TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10036
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">Represents the grant of 372,935 restricted units to ZelnickMedia Corporation (&quot;ZelnickMedia&quot;) pursuant to the Restricted Unit Agreement entered into by ZelnickMedia and the Company on May 20, 2016. Includes 107,551 time-based restricted units that are scheduled to vest on April 1, 2018 and 265,384 performance-based restricted units that are scheduled to vest on April 1, 2018. Further information regarding the Restricted Unit Agreement and the restricted units, including the vesting schedule, is available in the Company's Registration Statement on Form S-3 filed with the Commission on May 20, 2016.</footnote>
        <footnote id="F2">Represents 926,104 restricted units and 591,912 shares of Common Stock held directly by ZelnickMedia, 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 ZelnickMedia except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F3">Represents the forfeiture of performance-based units previously granted to ZelnickMedia due to the failure to meet certain performance conditions.</footnote>
        <footnote id="F4">Represents 898,526 restricted units and 591,912 shares of Common Stock held directly by ZelnickMedia, 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 ZelnickMedia except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F5">On May 20, 2016, 591,912 restricted units previously granted to ZelnickMedia vested.  These transactions were effected pursuant to a registration statement by certain selling stockholders, including ZelnickMedia, of which Mr. Slatoff is a partner, and were effected to satisfy the tax obligations of the partners of ZelnickMedia upon the vesting of restricted units previously granted to ZelnickMedia. The registration statement was filed with the Commission and was automatically declared effective on May 20, 2016.  Such transactions are reported on separate lines due to the range of the sale price.</footnote>
        <footnote id="F6">Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $35.96 to $36.345, 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.</footnote>
        <footnote id="F7">Represents 898,526 restricted units and 428,735 shares of Common Stock held directly by ZelnickMedia, 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 ZelnickMedia except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F8">Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $36.35 to $37.34, 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.</footnote>
        <footnote id="F9">Represents 898,526 restricted units and 266,362 shares of Common Stock held directly by ZelnickMedia, 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 ZelnickMedia except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F10">On May 20, 2016, 591,912 restricted units previously granted to ZelnickMedia vested and ZelnickMedia distributed a total of 266,362 shares received upon vesting to its employees, including 42,618 shares to Mr. Slatoff which shares Mr. Slatoff had previously indirectly beneficially owned through ZelnickMedia.</footnote>
        <footnote id="F11">Represents 898,526 restricted units held directly by ZelnickMedia, 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 ZelnickMedia except to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F12">These transactions were effected pursuant to a registration statement by certain selling stockholders, including the Reporting Person. The registration statement was filed with the Commission and was automatically declared effective on May 20, 2016.  Such transactions are reported on separate lines due to the range of the sale price.</footnote>
        <footnote id="F13">Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $35.96 to $36.34, inclusive. Upon request, the Reporting Person undertakes to provide 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.</footnote>
        <footnote id="F14">Mr. Slatoff received 42,618 shares pursuant to a distribution, as further described in Footnote (10) above, which receipt was exempt from Section 16 as such shares were previously held by Mr. Slatoff indirectly through ZelnickMedia.</footnote>
        <footnote id="F15">Represents a weighted average sales price of shares sold in multiple transactions at sales prices ranging from $36.35 to $37.34, inclusive. Upon request, the Reporting Person undertakes to provide 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.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Karl Slatoff</signatureName>
        <signatureDate>2016-05-24</signatureDate>
    </ownerSignature>
</ownershipDocument>
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