SEC Form 4 · accession 0001352027-15-000054
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Morhaime
Officer — Pres. & CEO-Blizzard Ent.
Period of report
Nov 8, 2015
Accepted (ET)
Nov 10, 2015 · 7:38 pm EST
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 | Nov 8, 2015 | F | 12,176 | $35.00 | D | 261,155 | D | |
| Common Stock, par value $0.000001 per shareF3 | Nov 8, 2015 | G | 11,157 | $0.00 | D | 249,998 | D | |
| Common Stock, par value $0.000001 per shareF4,F5 | Nov 8, 2015 | G | 11,157 | $0.00 | A | 250,276 | I | See footnote |
| Common Stock, par value $0.000001 per shareF6,F7 | Nov 9, 2015 | F | 2,776 | $34.05 | D | 20,444 | I | Securites held by Mr. Morhaime's wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 8, 2015, 23,333 restricted stock units held by Mr. Morhaime vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 12,176 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F2Following the receipt thereof, Mr. Morhaime transferred the net shares he received in connection with the vesting of his restricted stock units to the Michael Morhaime Revocable Trust.
- F3Following the transactions reported on this Form 4, Mr. Morhaime directly held 249,998 restricted stock units, each representing the right to receive one share of the Company's common stock.
- F4Following the transactions reported on this Form 4, Mr. Morhaime indirectly held (through the Michael Morhaime Revocable Trust) 250,276 shares of the Company's common stock.
- F5These securities are held by the Michael Morhaime Revocable Trust.
- F6On November 9, 2015, 7,385 restricted stock units held by Mr. Morhaime's wife vested. Pursuant to the terms of her restricted stock unit award agreement, the Company withheld 2,776 of the shares otherwise deliverable to her in order to satisfy the resulting tax withholding obligation.
- F7Mr. Morhaime indirectly holds, through his wife, (a) 9,656 shares of the Company's common stock and (b) 10,788 restricted stock units, each representing the right to receive one share of the Company's common stock, 5,653 of which have performance-based vesting.