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Filing Details

Accession Number:: 0001352027-17-000035
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-08-09 21:34:29
Reporting Period:: 2017-03-31

Filing Date:: 2017-08-09
Accepted Time:: 2017-08-09 21:34:29
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
718877	Activision Blizzard Inc.	ATVI	Services-Prepackaged Software (7372)	954803544

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1091423	A Robert Kotick	C/O Activision Blizzard, Inc. 3100 Ocean Park Boulevard Santa Monica CA 90405	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.000001 Per Share	Disposition	2017-03-31	2,400	$49.91	7,200	No	4	S	Indirect	By UTMAs for the benefit of minor children
Common Stock, Par Value $0.000001 Per Share	Disposition	2017-05-18	3,262,153	$0.00	0	No	5	G	Indirect	By ASAC 427 LLC
Common Stock, Par Value $0.000001 Per Share	Disposition	2017-05-19	360,360	$0.00	3,711,468	No	5	G	Direct
Common Stock, Par Value $0.000001 Per Share	Disposition	2017-06-20	100,000	$0.00	3,611,468	No	5	G	Direct
Common Stock, Par Value $0.000001 Per Share	Acquisiton	2017-08-07	439,930	$0.00	4,051,398	No	4	A	Direct
Common Stock, Par Value $0.000001 Per Share	Acquisiton	2017-08-07	143,976	$0.00	4,195,374	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By UTMAs for the benefit of minor children
No	5	G	Indirect	By ASAC 427 LLC
No	5	G	Direct
No	5	G	Direct
No	4	A	Direct
No	4	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.000001 Per Share	Employee Stock Options	Acquisiton	2017-08-07	190,712	$0.00	190,712	$62.51

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
190,712	2021-12-31	2027-08-07	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, Par Value $0.000001 Per Share	1	Indirect	By ASAC II LLC
Common Stock, Par Value $0.000001 Per Share	3,110,590	Indirect	See footnote

Footnotes

Represents a sale of shares by a UTMA for the benefit of Mr. Kotick's child.
The reporting person disclaims beneficial ownership of the Company's common stock held by these UTMAs except to the extent of his pecuniary interest therein.
Represents the distribution of shares on May 18, 2017 from ASAC 427 LLC, a limited liability company managed by the reporting person, to the 115190D Trust.
The reporting person disclaims beneficial ownership of the Company's common stock held by ASAC 427 LLC except to the extent of his pecuniary interest therein.
Represents a charitable gift/transfer of shares of the Company's common stock to a 501(c)(3) organization.
Represents a charitable gift/transfer of shares of the Company's common stock to a 501(c)(3) organization.
This grant was for 439,930 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes maximum performance; target performance would result in the release of 175,972 shares of the Company's common stock. These performance-vesting restricted stock units will vest on March 15, 2021 based upon the level of performance measured by reference to the Company's cumulative operating income for 2018, 2019 and 2020, and further subject to an initial performance objective based on the Company's cumulative earnings per share for the second half of 2017 and 2018 being met.
This award is subject to immediate vesting if the terms set forth in Section 12 of Mr. Kotick's employment agreement with the Company, dated as of November 22, 2016 and effective as of October 1, 2016, and filed as an exhibit to the Form 8-K filed by the Company on November 25, 2016, are met.
This grant was for 143,976 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes maximum performance; target performance would result in the release of 71,988 shares of the Company's common stock. These performance-vesting restricted stock units vest on March 15, 2021, based upon the level of performance measured by reference to the Company's relative total shareholder return during a performance period from the grant date through December 31, 2020.
Following the transactions reported on this Form 4, the reporting person directly held (a) 2,098,151 shares of the Company's common stock and (b) 2,097,223 restricted stock units with vesting tied to performance, each representing the right to receive one share of the Company's common stock. Includes 1,761,562 shares received in a distribution of 6,524,305 shares of the Company's common stock by ASAC 427 LLC, a limited liability company managed by the reporting person, to its members on May 18, 2017.
The reporting person and Brian G. Kelly are the managers of ASAC II LLC. The reporting person disclaims beneficial ownership of the Company's common stock held by ASAC II LLC except to the extent of his pecuniary interest therein.
Includes 1,500,590 shares received in a distribution of 6,524,305 shares of the Company's common stock by ASAC 427 LLC, a limited liability company managed by the reporting person, to its members on May 18, 2017.
These shares are held by grantor retained annuity trusts for the benefit of the reporting person's children, of which the reporting person is the trustee.