secwatch.observer — SEC 8-K summary
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Issuer:     TAKE TWO INTERACTIVE SOFTWARE INC (TTWO)
CIK:        0000946581
Form:       8-K
Filed at:   2022-05-18T23:59:59+00:00
Accession:  0001193125-22-153294
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Take-Two appoints Ellen Siminoff and Bing Gordon to Board effective upon Zynga merger close
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- Board size increased from 8 to 10; Siminoff and Gordon appointed as directors, contingent on closing the Zynga merger.
- Closing anticipated May 23, 2022, subject to stockholder approvals at May 19 special meetings.
- Siminoff is former CEO of Shmoop University and founding executive at Yahoo!; Gordon is EA co-founder and KPCB partner.
- Annual director retainer: $65,000 cash plus $225,000 in restricted stock vesting after one year.
- Neither appointee has a material interest in any related-party transaction with the Company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/946581/000119312522153294/0001193125-22-153294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/946581/000119312522153294/d357904d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-153294

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer