Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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Approval of Amendment and Restatement of the 2017 Stock Incentive Plan
On September 18, 2025, the stockholders of Take-Two Interactive Software, Inc. (the "Company") approved and adopted an amendment and restatement of the Amended and Restated Take-Two Interactive Software, Inc. 2017 Stock Incentive Plan (the "2017 Plan") at the Company's annual meeting of stockholders (the "Annual Meeting"). Additional information regarding the results of the Company's Annual Meeting is set forth below in this Report under Item 5.07.
The amendment and restatement of the 2017 Plan (i) increases the shares reserved under the 2017 Plan by 5,200,000 shares, and (ii) extends the term of the 2017 Plan to September 18, 2035. No other changes were made to the 2017 Plan.
The foregoing description of the amendment and restatement of the 2017 Plan is qualified in its entirety by the full text of the 2017 Plan, as amended and restated, which is attached as Annex B to the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on July 28, 2025, and is incorporated by reference herein as Exhibit 10.1.
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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On September 18, 2025, the Company held its Annual Meeting virtually via live audio-only webcast. As of the record date for the Annual Meeting, the Company had 184,467,164 shares of its common stock, par value $0.01 per share (the "Common Stock"), issued and outstanding. At the Annual Meeting, 162,145,195 shares of Common Stock were represented in person or by proxy. The following matters were submitted to a vote of the stockholders at the Annual Meeting.
1.Votes regarding the election of the persons named below as directors for a term expiring at the annual meeting of stockholders in 2026 and until their respective successors have been duly elected and qualified were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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Strauss Zelnick
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142,729,073
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8,084,221
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456,370
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10,875,531
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Michael Dornemann
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144,054,665
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7,116,511
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98,488
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10,875,531
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William "Bing" Gordon
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150,203,490
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963,168
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103,006
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10,875,531
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Roland Hernandez
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145,498,616
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5,668,962
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102,086
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10,875,531
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J Moses
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143,237,874
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7,930,906
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100,884
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10,875,531
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Michael Sheresky
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137,277,231
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13,891,235
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101,198
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10,875,531
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Ellen Siminoff
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149,847,879
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1,196,570
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225,215
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10,875,531
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LaVerne Srinivasan
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150,994,952
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172,452
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102,260
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10,875,531
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Susan Tolson
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147,342,990
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3,824,847
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101,827
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10,875,531
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Paul Viera
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150,937,214
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229,604
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102,846
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10,875,531
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Based on the votes set forth above, the foregoing persons were duly elected to serve as directors, for a term expiring at the annual meeting of stockholders in 2026 and until their respective successors have been duly elected and qualified.
2.Advisory votes regarding the approval of the compensation of the named executive officers were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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143,533,691
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7,442,714
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293,259
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10,875,531
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Based on the advisory votes set forth above, the compensation of the named executive officers was duly approved, on an advisory basis, by our stockholders.
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3.Votes regarding the approval of the adoption of the amendment and restatement of the 2017 Plan were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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117,302,742
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33,862,767
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104,155
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10,875,531
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Based on the votes set forth above, the amendment and restatement of the 2017 Plan was duly approved and adopted by our stockholders.
4.Votes regarding ratification of the appointment of Ernst & Young LLP as independent auditors of the Company to serve for the fiscal year ending March 31, 2026, were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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157,919,059
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4,107,604
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118,532
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0
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Based on the votes set forth above, the appointment of Ernst & Young LLP as independent auditors of the Company to serve for the fiscal year ending March 31, 2026, was duly ratified by our stockholders.