TAKE TWO INTERACTIVE SOFTWARE INC
SC 13G, 1999-02-05
PREPACKAGED SOFTWARE
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                   ----------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
                              PURSUANT TO 13d-2(b)
                             (Amendment No. ___)(1)


                       TAKE-TWO INTERACTIVE SOFTWARE, INC.
                                (Name of Issuer)

                     COMMON STOCK, PAR VALUE $.01 PER SHARE
                         (Title of Class of Securities)

                                    874054109
                                 (CUSIP Number)

                                January 25, 1999
              Date of Event Which Requires Filing of this Statement


     Check the  appropriate  box to  designate  the rule  pursuant to which this
Schedule is filed:

     |_| Rule 13d-1(b)
     |X| Rule 13d-1(c)
     |_| Rule 13d-1(d)


- ----------
(1) The  remainder  of this  cover  page  shall be  filled  out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 (the "Act") or otherwise  subject to the liabilities of that section of the
Act but shall be subject to all other  provisions of the Act  (however,  see the
Notes).


<PAGE>

- -------------------                                            -----------------
CUSIP No. 874054109                       13G                  Page 2 of 5 Pages
- -------------------                                            -----------------

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

     Peter M. Brant
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                                (a)|_|
                                                (b)|_|
- --------------------------------------------------------------------------------
3    SEC USE ONLY


- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

     United States
- --------------------------------------------------------------------------------
              NUMBER OF SHARES       5         SOLE VOTING POWER
                BENEFICIALLY
                  OWNED BY                     1,106,819
                    EACH             -------------------------------------------
                   PERSON            6         SHARED VOTING POWER            
                  REPORTING                                                   
                    WITH                       1,941,930                      
                                     -------------------------------------------
                                     7         SOLE DISPOSITIVE POWER

                                               1,106,819
                                     -------------------------------------------
                                     8         SHARED DISPOSITIVE POWER

                                               1,941,930
- --------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     3,048,749
- --------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* |_|


- --------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     16.6%
- --------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON

     IN
- --------------------------------------------------------------------------------


                      *SEE INSTRUCTIONS BEFORE FILLING OUT!


                                Page 2 of 5 Pages

<PAGE>


Item 1(a).     Name of Issuer:

               TAKE-TWO INTERACTIVE SOFTWARE, INC.

Item 1(b).     Address of Issuer's Principal Executive Offices:

               575 Broadway
               New York, NY 10012

Item 2(a).     Name of Person Filing:

               This Schedule 13G is filed on behalf of Peter M. Brant.

Item 2(b).     Address of Principal Business Office or, if None, Residence:

               P. O. Box 3443
               Greenwich, CT 06830

Item 2(c).     Citizenship:

               Mr. Brant is a United States citizen.

Item 2(d).     Title of Class of Securities:

               Common Stock, par value $.01 per share.

Item 2(e).     CUSIP Number:

               874054109

Item           3. If this  statement  is filed  pursuant to Rules  13d-1(b),  or
               13d-2(b) or (c), check whether the person filing is a:

               (a) - (j): Not applicable.

               If this statement is filed pursuant to Rule 13d-1(c),  check this
               box. |X|

Item 4.        Ownership:

               (a)  Amount   Beneficially   Owned:   Upon  the   dissolution  of
               Bridgehampton   Investors,   L.P.,  Mr.  Brant  and  Brant  Allen
               Industries   Incentive  Profit  Sharing  Plan  (the  "Plan"),  an
               employee profit sharing plan for Brant Allen Industries, of which
               Mr. Brant is President,  received  1,106,819 and 1,941,930 shares
               of Common  Stock,  respectively,  as a pro rata  distribution  of
               partnership interests. As a trustee of the Plan, Mr. Brant shares
               voting and  dispositive  power with respect to the shares held by
               the Plan with the other trustees.

               (b) Percent of Class: 16.6%


                                Page 3 of 5 Pages

<PAGE>


               (c)  Number of shares as to which each person has:

                    (i)       sole   power  to  vote  or  to  direct  the
                              vote:    1,106,819  (6.0%)

                    (ii)      shared  power  to  vote  or to  direct  the
                              vote:    1,941,930  (10.6%)

                    (iii)     sole power to dispose or to direct the
                              disposition of:    1,106,819  (6.0%)

                    (iv)      shared   power  to   dispose   or  to  direct
                              the disposition of:    1,941,930  (10.6%)


Item 5.        Ownership of Five Percent or Less of a Class.

               Not Applicable.

Item 6.        Ownership of More than Five Percent on Behalf of Another Person.

               Not Applicable.

Item 7.        Identification   and   Classification  of  the  Subsidiary  Which
               Acquired the  Security  Being  Reported on by the Parent  Holding
               Company.

               Not Applicable.

Item 8.        Identification and Classification of Members of the Group.

               Not Applicable.

Item 9.        Notice of Dissolution of Group.

               Not Applicable.

Item 10.       Certification.

               "By signing below I certify that, to the best of my knowledge and
               belief,  the  securities  referred to above were not acquired and
               are not held for the purpose of or with the effect of changing or
               influencing  the control of the issuer of the securities and were
               not  acquired  and  are  not  held  in  connection  with  or as a
               participant in any transaction having that purpose or effect."


                                Page 4 of 5 Pages

<PAGE>


                                    SIGNATURE


     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.


Date:   February 2, 1999




                                                        /s/ Peter M. Brant
                                                        ------------------------
                                                        Peter M. Brant


                                Page 5 of 5 Pages



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