1 - ------ FORM 4 - ------ U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP /X/ Check box if no longer subject to Filed pursuant to Section 16(a) of the Securities Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the or Form 5 obligations Public Utility Holding Company Act of 1935 may continue. See or Section 30(f) of the Investment Company Instruction 1(b). Act of 1940 - ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to BMG Music Take-Two Interactive Software, Inc. -- Issuer (Check all applicable) - ------------------------------------------- "TTWO" (NASDAQ) Director 10% Owner (Last) (First) (Middle) -------------------------------------------- ---- --- 3. IRS or Social Security 4. Statement for Officer (give X Other (Specify 1540 Broadway Number of Reporting Month/Year ---- title --- below) - --------------------------------------------- Person (Voluntary) 5/99 below) (Street) ---------------- Prior to sale reported hereby, New York, New York 10036-4098 -------------------- 5. If Amendment, Reporting Person was a 10% - --------------------------------------------- Date of Original beneficial owner. (City) (State) (Zip) (Month/Year) ----------------------------------- 3/98 7. Individual or Joint/Group Filing ---------------- (Check Applicable Line) --- Form filed by One Reporting Person X Form filed by more than one --- Reporting Person - ------------------------------------------------------------------------------------------------------------------------------------ TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature (Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In- Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct (Instr. 8) End of Month Direct Benefi- (Month/ (Instr. 3 and 4) (D) or cial Day/ --------------------------------------- Indirect Owner- Year) Code V Amount (A) or Price (I) ship [(D)] (Instr. 4) (Instr. 4) Common stock, 5/11/99 S V 500,000 $8.00/share 1,350,000 See See - ------------------------------------------------------------------------------------------------------------------------------------ par value $.01 per share. attachment attachment - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) (Print or Type Responses) (Bulletin No. 177, 10-15-97)
2 FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv- Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative Deriv- Day/ Disposed of (D) (Month/Day/ Secur- ative Year) (Instr. 3, 4, Year) ity Security and 5) (Instr. 5) ----------------------------------- Date Expira- Amount or -------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative Form of Indirect (Instr. 3) Securities Derivative Beneficial Beneficially Security: Ownership Owned at End Direct (D) (Instr. 4) of Month or Indirect (I) (Instr. 4) (Instr. 4) - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Explanation of Responses: **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See attachment See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- ------- **Signature of Reporting Person Date Note. File three copies of this Form, one of which must be manually signed. Page 2 If space provided is insufficient, see Instruction 6 for procedure. (Bulletin No. 177, 10-15-97)
3 Attachment to Form 4 Page 1 of 3 Reporting Person: BMG Music 1540 Broadway New York, New York 10036-4098 Date of Event Requiring Statement: May 11, 1999 Issuer: Take-Two Interactive Software, Inc. "TTWO" (NASDAQ) - ------------------------------------------------------------------------------- Additional Reporting Persons The statement of changes in beneficial ownership of securities to which this is attached is filed on behalf of: BMG Music, a general partnership organized under the laws of the State of New York; BMG Music's controlling general partner, Bertelsmann Music Group, Inc., a corporation organized under the laws of the State of Delaware; Bertelsmann Music Group, Inc.'s sole stockholder, Bertelsmann, Inc., a corporation organized under the laws of the State of Delaware; Bertelsmann, Inc.'s sole stockholder, Bertelsmann AG, a corporation organized under the laws of the Federal Republic of Germany; Bertelsmann AG's controlling shareholder, Johannes Mohn GmbH, a limited liability company organized under the laws of the Federal Republic of Germany; and Johannes Mohn GmbH's controlling shareholder, Reinhard Mohn, an individual citizen of the Federal Republic of Germany. (Mr. Mohn, Johannes Mohn GmbH, Bertelsmann AG, Bertelsmann, Inc., Bertelsmann Music Group, Inc., and BMG Music are collectively referred to herein as "Reporting Persons"). The principal business offices of BMG Music, Bertelsmann Music Group, Inc., and Bertelsmann, Inc. are located at 1540 Broadway, New York, New York 10036-4098. The principal business offices of Bertelsmann AG, Johannes Mohn GmbH, and Reinhard Mohn, are located at Carl Bertelsmann Strasse 270, 33311 Gutersloh, Federal Republic of Germany. Table I, Item 6 BMG Music (through its division BMG Entertainment) is the record holder of, and each other Reporting Person may be deemed to be the beneficial owner of, 1,350,000 shares of common stock, par value $.01 per share (the "Common Stock") of Take-Two Interactive Software, Inc. ("Issuer"). As a result of its ownership of 1,350,000 shares of Common Stock, BMG Music and each other Reporting Person may be deemed to be the beneficial owner of 1,350,000 shares of Common Stock. The 1,350,000 shares of Common Stock which BMG Music and each other Reporting Person may be deemed to beneficially own represent approximately 6.0 percent of the total number of shares of Common Stock outstanding (based upon information contained in the Issuer's registration statement on Form S-1 (File No. 333-74851) under the Securities Act of 1933, as amended, filed with the Securities and Exchange Commission on March 23, 1999, as amended by Amendment No. 1 to Form S-1 filed with the
4 Attachment to Form 4 Page 2 of 3 Reporting Person: BMG Music 1540 Broadway New York, New York 10036-4098 Date of Event Requiring Statement: May 11, 1999 Issuer: Take-Two Interactive Software, Inc. "TTWO" (NASDAQ) - ------------------------------------------------------------------------------- Securities and Exchange Commission on April 9, 1999 and Post-Effective Amendment No. 1 to Form S-1 filed with the Securities and Exchange Commission on May 6, 1999). Table I, Item 7 See above under "Additional Reporting Persons". Signatures /s/ Reinhard Mohn Dated June 9, 1999: -------------------------------------- REINHARD MOHN JOHANNES MOHN GMBH Dated June 9, 1999: By: /s/ Reinhard Mohn -------------------------------------- Reinhard Mohn Chairman By: /s/ Mark Woessner -------------------------------------- Mark Woessner Chairman BERTELSMANN AG Dated June 9, 1999: By: /s/ Thomas Z. Middelhoff -------------------------------------- Thomas Z. Middelhoff Chairman of the Board and CEO BERTELSMANN, INC. Dated June 9, 1999: By: /s/ Jacqueline Chasey -------------------------------------- Jacqueline Chasey Vice President and Assistant Secretary
5 Attachment to Form 4 Page 3 of 3 Reporting Person: BMG Music 1540 Broadway New York, New York 10036-4098 Date of Event Requiring Statement: May 11, 1999 Issuer: Take-Two Interactive Software, Inc. "TTWO" (NASDAQ) - -------------------------------------------------------------------------------- BERTELSMANN MUSIC GROUP, INC. Dated June 9, 1999: By: /s/ Thomas W. McIntyre ---------------------------------------- Thomas W. McIntyre Executive Vice President and Chief Financial Officer BMG MUSIC By: BERTELSMANN MUSIC GROUP, INC., as general partner Dated June 9, 1999: By: /s/ Thomas W. McIntyre ---------------------------------------- Thomas W. McIntyre Executive Vice President and Chief Financial Officer