SEC Form 4 · accession 0001352027-16-000114
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
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 6:05 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 | Aug 15, 2016 | M | 44,427 | $10.89 | A | 641,355 | I | The Thomas and Laura Tippl Family Trust |
| Common Stock, par value $0.000001 per shareF1,F2 | Aug 15, 2016 | S | 44,427 | $41.8334 | D | 596,928 | I | The Thomas and Laura Tippl Family Trust |
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 | $10.89 | Aug 15, 2016 | M | 44,427 | D | — | May 10, 2020 | Common Stock, par value $0.000001 per share | 44,427 | 0 | I |
Explanation of responses
- F1The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $41.79 to $41.94 per share. Mr. Tippl has provided 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. Tippl (through the Thomas and Laura Tippl Family Trust) held (a) 152,715 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.
- F3These options were fully vested as of February 15, 2014.