Ellen Siminoff (TTWO) receives 116-share fully vested board grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Siminoff Ellen F reported acquisition or exercise transactions in this Form 4 filing.
TAKE-TWO INTERACTIVE SOFTWARE INC director Ellen F. Siminoff received 116 shares of common stock as a fully vested equity award. The shares were granted under the company’s 2017 Stock Incentive Plan in lieu of her quarterly non-employee director cash retainer and committee fees.
After the grant, she holds 8,467 shares directly, plus indirect holdings of 2,270 shares through the D&E Living Trust, where she shares voting and dispositive power, and 2,143 shares through the EFS 2020 Irrevocable Trust, where she is trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Siminoff Ellen F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 116 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,467 shares (Direct);
Common Stock — 2,270 shares (Indirect, By the D&E Living Trust)
Footnotes (1)
- Represents shares of common stock granted under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan in lieu of the quarterly non-employee director cash retainer and applicable committee fees at the election of the Reporting Person, which shares were fully vested upon grant. Shares held directly by the D&E Living Trust. The Reporting Person and David Siminoff serve as co-trustees and retain voting and dispositive power with respect to the shares held by the D&E Living Trust. Shares held directly by the EFS 2020 Irrevocable Trust. The Reporting Person serves as trustee and holds voting and dispositive power with respect to these shares.
Key Figures
Equity grant: 116 shares
Direct holdings after grant: 8,467 shares
D&E Living Trust holdings: 2,270 shares
+2 more
5 metrics
Equity grant
116 shares
Fully vested stock award in lieu of quarterly director cash retainer and fees
Direct holdings after grant
8,467 shares
Common stock directly owned by Ellen F. Siminoff after the award
D&E Living Trust holdings
2,270 shares
Indirect ownership; co-trustees Ellen and David Siminoff with voting and dispositive power
EFS 2020 Irrevocable Trust holdings
2,143 shares
Indirect ownership; Ellen F. Siminoff as trustee with voting and dispositive power
Grant price per share
$0.0000
Indicates no cash paid by Ellen F. Siminoff for the stock award
Key Terms
2017 Stock Incentive Plan, non-employee director cash retainer, fully vested upon grant, voting and dispositive power, +1 more
5 terms
2017 Stock Incentive Plan financial
"granted under the Issuer's Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan"
non-employee director cash retainer financial
"in lieu of the quarterly non-employee director cash retainer and applicable committee fees"
fully vested upon grant financial
"which shares were fully vested upon grant"
voting and dispositive power financial
"retain voting and dispositive power with respect to the shares held by the D&E Living Trust"
Irrevocable Trust financial
"Shares held directly by the EFS 2020 Irrevocable Trust"
FAQ
What did TTWO director Ellen F. Siminoff report on this Form 4?
Ellen F. Siminoff reported receiving 116 shares of Take-Two common stock. The award was granted under the 2017 Stock Incentive Plan and fully vested immediately, reflecting routine non-employee director compensation paid in stock rather than cash fees.
Was the TTWO stock grant to Ellen F. Siminoff part of a compensation plan?
Yes. The 116-share grant was made under Take-Two’s Amended and Restated 2017 Stock Incentive Plan. It was issued in lieu of her quarterly non-employee director cash retainer and applicable committee fees, and all shares were fully vested upon grant.