SEC Form 4 · accession 0001352027-16-000088
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Kotick
Officer — President & CEO · Director · 10% Owner
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 5:57 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 share | Mar 31, 2016 | D | 223,338 | $0.00 | D | 4,179,225 | D | |
| Common Stock, par value $0.000001 per share | Mar 31, 2016 | F | 629,629 | $33.84 | D | 3,549,596 | D | |
| Common Stock, par value $0.000001 per shareF4 | Apr 1, 2016 | F | 17,924 | $34.42 | D | 3,531,672 | D | |
| Common Stock, par value $0.000001 per shareF5 | holding | — | — | — | 171,968,042 | I | By ASAC II LP | |
| Common Stock, par value $0.000001 per share | holding | — | — | — | 9,600 | I | by UTMAs for the benefit of minor children |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of March 31, 2016, the performance conditions underlying these performance shares were not met and, on that date, they were cancelled.
- F2On March 31, 2016, 1,206,641 performance shares held by Mr. Kotick vested and, as allowed under the terms of his performance share agreement, the Company witheld 629,629 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F3On April 1, 2016, 34,350 restricted share units held by Mr. Kotick vested and, as allowed under the terms of his restricted share unit agreement, the Company withheld 17,924 shares otherwise deliverable to him to satisfy the resulting tax withholding obligations.
- F4Following the transaction reported on this Form 4, Mr. Kotick directly held (a) 103,050 restricted share units, each representing the right to receive a share of the Company's common stock and (b) 3,428,622 shares of the Company's common stock.
- F5ASAC II LLC is the general partner of ASAC II LP. Mr. Kotick and Brian G. Kelly are the managers of ASAC II LLC. Mr. Kotick disclaims beneficial ownership of the Company's common stock held by ASAC II LP except to the extent of his pecuniary interest therein.