SEC Form 4 · accession 0001352027-16-000078
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
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 9:06 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 10, 2016 | F | 120,852 | $31.25 | D | 340,311 | D | |
| Common Stock, par value $0.000001 per shareF3 | Mar 10, 2016 | G | 119,148 | $0.00 | D | 221,163 | D | |
| Common Stock, par value $0.000001 per shareF4 | Mar 10, 2016 | G | 119,148 | $0.00 | A | 287,847 | I | See footnote |
| Common Stock, par value $0.000001 per shareF5,F6,F4 | Mar 14, 2016 | S | 168,699 | $32.4854 | D | 119,148 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 10, 2016, 240,000 performance-vesting restricted share units held by Mr. Hirsbherg vested and, as allowed under the terms of his restricted share unit agreement, the Company withheld 120,852 shares otherwise deliverable to him to satisfy the resulting tax withholding obligations.
- F2Mr. Hirshberg transferred the shares delivered to him upon vesting of these restricted share units to the Eric and Tara Hirshberg Revocable Trust.
- F3Following the transaction reported on this Form 4, Mr. Hirshberg directly held 221,163 restricted stock units, all of which have vesting criteria tied to performance.
- F4These securities are held by the Eric and Tara Hirshberg Revocable Trust.
- F5The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $32.45 to $32.53 per share. Mr. Hirshberg has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff with information regarding the number of shares sold at each price within that range.
- F6Following the transaction reported on this Form 4, Mr. Hirshberg indirectly held (through the Eric and Tara Hirshberg Revocable Trust) 119,148 shares of common stock.