SEC Form 4 · accession 0001209191-16-137656
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian G Kelly
Director
Period of report
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 7:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000718877
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.000001 per share | Aug 15, 2016 | S | 386,927 | $40.51 | D | 292,929 | D | |
| Common Stock, par value $0.000001 per shareF1 | Aug 15, 2016 | S | 3,982,849 | $40.51 | D | 13,048,611 | I | By ASAC II LLC |
| Common Stock, par value $0.000001 per shareF2 | Aug 15, 2016 | S | 2,169,801 | $40.51 | D | 1,330,199 | I | By 115190D Trust |
| Common Stock, par value $0.000001 per shareF3 | Aug 15, 2016 | S | 5,898,783 | $40.51 | D | 1,101,217 | I | By ASAC TJKS LLC |
| Common Stock, par value $0.000001 per shareF4 | Aug 15, 2016 | S | 472,865 | $40.51 | D | 0 | I | The Kelly Descendants 2016 Trust |
| Common Stock, par value $0.000001 per shareF5 | holding | — | — | — | 486,333 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 7, 2016, ASAC II LP distributed 17,982,849 shares to ASAC II LLC. On August 15, 2016, ASAC II LLC distributed 14,000,000 of these shares pro rata to its members. ASAC II LLC is the general partner of ASAC II LP. Robert A. Kotick and Mr. Kelly are managers of ASAC II LLC. Mr. Kelly disclaims beneficial ownership of the Company's common stock held by ASAC II LP except to the extent of his pecuniary interest therein.
- F2Comprised of shares received in a pro rata distribution on August 15, 2016 by one of the members of ASAC II LLC. Mr. Kelly is an investment advisor and beneficiary of the 115190D Trust and may be deemed to have an indirect pecuniary interest in the shares held by such trust.
- F3Comprised of shares received in a pro rata distribution on August 15, 2016 by one of the members of ASAC II LLC.
- F4Comprised of shares derived from the Kelly Family 2006 Irrevocable Trust.
- F5These securities are held by a grantor retained annuity trust, of which Mr. Kelly is the annuity beneficiary and his wife, Joelle Kelly, is trustee.
Remarks
*For further information, please refer to the amended Schedule 13D filed on August 16, 2016 by ASAC II LP.