SEC Form 4 · accession 0001352027-15-000047
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Hirshberg
Officer — CEO, Activision Publishing
Period of report
Aug 31, 2015
Accepted (ET)
Sep 2, 2015 · 7:29 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 $0.00001 per shareF2 | Aug 31, 2015 | F | 55,305 | $28.63 | D | 292,695 | D | |
| Common Stock, par value $0.000001 per shareF4 | Aug 31, 2015 | G | 52,695 | $0.00 | D | 240,000 | D | |
| Common Stock, par value $0.000001 per shareF5,F6 | Aug 31, 2015 | G | 52,695 | $0.00 | A | 52,695 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 31, 2015, 108,000 restricted stock units held by Mr. Hirshberg vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 55,305 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F2This reflects (a) 52,695 shares of the Company's common stock and (b) 240,000 restricted stock units with vesting tied to performance.
- F3Mr. Hirshberg transferred the shares delivered to him upon vesting of these restricted stock units to the Eric and Tara Hirshberg Revocable Trust.
- F4Following the transaction reported on this Form 4, Mr. Hirshberg directly holds 240,000 restricted stock units, all of which have vesting criteria tied to performance.
- F5Following the transactions reported on this Form 4, Mr. Hirshberg indirectly held (through the Eric and Tara Hirshberg Revocable Trust) 52,695 shares of the Company's common stock.
- F6These securities are held by the Eric and Tara Hirshberg Revocable Trust.