SEC Form 4 · accession 0001352027-16-000084
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis M Durkin
Officer — Chief Financial Officer
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 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 shareF1 | Mar 14, 2016 | F | 46,962 | $32.41 | D | 482,083 | D | |
| Common Stock, par value $0.000001 per shareF2,F3 | Mar 14, 2016 | F | 45,658 | $32.41 | D | 436,425 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 14, 2016, 90,000 performance-vesting restricted share units held by Mr. Durkin vested and, as allowed under the terms of his restricted share unit agreement, the Company withheld 46,962 shares otherwise deliverable to him to satisfy the resulting tax withholding obligations.
- F2On March 14, 2016, 87,500 restricted share units held by Mr. Durkin vested and, as allowed under the terms of his restricted share unit agreement, the Company withheld 45,658 shares otherwise deliverable to him to satisfy the resulting tax withholding obligations.
- F3Following the transactions reported on this Form 4, Mr. Durkin held 177,500 restricted stock units, 90,000 of which have vesting tied to performance, each representing the right to receive one share of the Company's common stock, and 258,925 shares of the Company's common stock.