SEC Form 4 · accession 0001352027-16-000094
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen G Wereb
Officer — Principal Accounting Officer
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 5:59 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 | May 20, 2016 | M | 25,866 | $11.88 | A | 70,959 | D | |
| Common Stock, par value $0.000001 per shareF1 | May 20, 2016 | S | 25,866 | $37.5582 | D | 45,093 | D | |
| Common Stock, par value $0.000001 per share | May 20, 2016 | M | 11,377 | $10.66 | A | 56,470 | D | |
| Common Stock, par value $0.000001 per shareF1 | May 20, 2016 | S | 11,377 | $37.5582 | D | 45,093 | D | |
| Common Stock, par value $0.000001 per share | May 20, 2016 | M | 34,532 | $20.29 | A | 79,625 | D | |
| Common Stock, par value $0.000001 per shareF1,F2 | May 20, 2016 | S | 34,532 | $37.5582 | D | 45,093 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF3 | $11.88 | May 20, 2016 | M | 25,866 | D | — | Nov 8, 2020 | Common Stock, par value $0.000001 per share | 25,866 | 0 | D |
| Employee Stock OptionsF4 | $10.66 | May 20, 2016 | M | 11,377 | D | — | Nov 9, 2022 | Common Stock, par value $0.000001 per share | 11,377 | 0 | D |
| Employee Stock Options | $20.29 | May 20, 2016 | M | 34,532 | D | Jun 29, 2015 | Mar 10, 2024 | Common Stock, par value $0.000001 per share | 34,532 | 69,064 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $37.50 to $37.62 per share. Mr. Wereb 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.
- F2Following the transactions reported on this Form 4, Mr. Wereb held (a) 15,339 restricted stock units with vesting tied to performance, each representing the right to receive one share of the Company's common stock and (b) 29,754 restricted stock units, each representing the right to receive one share of the Company's common stock.
- F3These options were fully vested as of June 29, 2014.
- F4These options were fully vested as of November 9, 2015.