SEC Form 4 · accession 0001352027-15-000020
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Humam Sakhnini
Officer — Chief Strategy & Talent Ofc
Period of report
Mar 30, 2015
Accepted (ET)
Apr 1, 2015 · 5:42 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 shareF1 | Mar 30, 2015 | F | 9,442 | $23.02 | D | 189,491 | I | Sakhnini Family Trust |
| Common Stock, par value $0.000001 per shareF2,F3 | Mar 30, 2015 | F | 13,045 | $23.02 | D | 176,446 | I | Sakhnini Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 30, 2015, 25,000 restricted stock units held by the Sakhnini Family Trust vested. As allowed under the terms of his restricted stock unit award, the Company withheld 9,442 of the shares otherwise deliverable to the trust in order to satisfy the resulting tax withholding obligation.
- F2On March 30, 2015, 25,000 performance-vesting restricted stock units held by the Sakhnini Family Trust vested. As allowed under the terms of his restricted stock unit award, the Company withheld 13,045 of the shares otherwise deliverable to the trust in order to satisfy the resulting tax withholding obligation.
- F3Following the transactions reported on this Form 4, Mr. Sakhnini held, through the Sakhnini Family Trust (a) 55,177 shares of the Company's common stock and (b) 121,269 restricted stock units with vesting criteria tied to performance.