SEC Form 4 · accession 0001352027-16-000089
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Tippl
Officer — Chief Operating Officer
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 6:01 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 | 60,180 | $0.00 | D | 1,097,320 | D | |
| Common Stock, par value $0.000001 per shareF4 | Mar 31, 2016 | F | 53,906 | $33.84 | D | 1,043,414 | I | See footnote. |
| Common Stock, par value $0.000001 per shareF5,F4 | Mar 31, 2016 | F | 146,486 | $33.84 | D | 892,928 | I | See footnote. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of March 31, 2016, the performance conditions underlying these restricted share units were not met and, on that date, they were cancelled.
- F2On March 31, 2016, 103,306 restricted stock units held by the Thomas and Laura Tippl Family Trust vested. As allowed under the terms of his restricted stock unit award, the Company withheld 53,906 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F3On March 31, 2016, 280,729 performance-vesting restricted stock units held by the Thomas and Laura Tippl Family Trust vested. As allowed under the terms of his restricted stock unit award, the Company withheld 146,486 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F4These securities are held by the Thomas and Laura Tippl Family Trust.
- F5Following the transactions reported on this Form 4, Mr. Tippl (through the Thomas and Laura Tippl Family Trust) held (a) 452,715 shares of the Company's common stock, (b) 444,213 restricted stock units, each representing the right to receive a share of the Company's common stock, 340,908 of which have vesting criteria tied to performance.