SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GLENVIEW CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
767 FIFTH AVENUE
44TH FLOOR

(Street)
NEW YORK NY 10153

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TAKE TWO INTERACTIVE SOFTWARE INC [ TTWO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/21/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/21/2006 S 175,800 D $19.25 238,040 I See Footnote(1)
Common Stock 12/21/2006 S 1,716,100 D $19.25 3,041,992 I See Footnote(2)
Common Stock 12/21/2006 S 956,500 D $19.25 1,356,663 I See Footnote(3)
Common Stock 12/21/2006 S 119,700 D $19.25 191,496 I See Footnote(4)
Common Stock 12/21/2006 S 29,800 D $19.25 52,058 I See Footnote(5)
Common Stock 12/21/2006 S 2,100 D $19.25 3,123 I See Footnote(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
GLENVIEW CAPITAL MANAGEMENT LLC

(Last) (First) (Middle)
767 FIFTH AVENUE
44TH FLOOR

(Street)
NEW YORK NY 10153

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Glenview Capital GP, LLC

(Last) (First) (Middle)
767 FIFTH AVENUE
44TH FLOOR

(Street)
NEW YORK NY 10153

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
ROBBINS LAWRENCE M

(Last) (First) (Middle)

(Street)

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These shares of the Issuer's common stock, $.01 par value per share ("Shares"), were sold for the account of Glenview Capital Partners, L.P., a Delaware limited partnership ("Capital Partners"). Glenview Capital Management, LLC, a Delaware limited liability company ("Capital Management"), serves as investment manager for Capital Partners. Glenview Capital GP, LLC, a Delaware limited liability company ("Capital GP"), serves as general partner of Capital Partners. Mr. Robbins is the Chief Executive Officer of Capital GP and Capital Management.
2. These Shares were sold for the account of Glenview Capital Master Fund, Ltd., a Cayman Islands exempted company (the "Master Fund"). Capital Management serves as investment manager of the Master Fund. Capital GP is the sponsor of the Master Fund. Mr. Robbins is the Chief Executive Officer of each of Capital GP and Capital Management.
3. These Shares were sold for the account of Glenview Institutional Partners, L.P., a Delaware limited partnership ("Institutional Partners"). Capital Management serves as investment manager of Institutional Partners. Capital GP serves as general partner of Institutional Partners. Mr. Robbins is the Chief Executive Officer of each of Capital GP and Capital Management.
4. These Shares were sold for the account of GCM Little Arbor Master Fund, Ltd., a Cayman Islands exempted company ("GCM Master Fund"). Capital Management serves as investment manager of the GCM Master Fund. Capital GP is the sponsor of the GCM Master Fund. Mr. Robbins is the Chief Executive Officer of each of Capital GP and Capital Management.
5. These Shares were sold for the account of GCM Little Arbor Institutional Partners, L.P., a Delaware limited partnership ("GCM Institutional Partners"). Capital Management serves as investment manager of GCM Institutional Partners. Capital GP serves as the general partner of GCM Institutional Partners. Mr. Robbins is the Chief Executive Officer of each of Capital GP and Capital Management.
6. These Shares were sold for the account of GCM Little Arbor Partners, L.P., a Delaware limited partnership ("GCM Partners"). Capital Management serves as investment manager of the GCM Partners. Capital GP serves as the general partner of GCM Partners. Mr. Robbins is the Chief Executive Officer of each of Capital GP and Capital Management.
/s/ Lawrence M. Robbins, as Chief Executive Officer of Glenview Capital Management, LLC 12/26/2006
/s/ Lawrence M. Robbins, as Chief Executive Officer of Glenview Capital GP, LLC 12/26/2006
/s/ Lawrence M. Robbins 12/26/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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