SEC Form 4 · accession 0001352027-16-000117
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
Aug 30, 2016
Accepted (ET)
Sep 1, 2016 · 5:54 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 29, 2016 | G | 5,000 | $0.00 | D | 431,425 | D | |
| Common Stock, par value $0.000001 per shareF1 | Aug 30, 2016 | S | 82,437 | $41.3254 | D | 348,988 | D | |
| Common Stock, par value $0.000001 per share | Aug 30, 2016 | M | 37,500 | $11.73 | A | 386,488 | D | |
| Common Stock, par value $0.000001 per shareF1,F2 | Aug 30, 2016 | S | 37,500 | $41.3333 | D | 348,988 | 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 | $11.73 | Aug 30, 2016 | M | 37,500 | D | — | Mar 6, 2022 | Common Stock, par value $0.000001 per share | 37,500 | 225,000 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $41.30 to $41.405 per share. Mr. Durkin 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. 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 171,488 shares of the Company's common stock.
- F3The exercised options were vested as of March 14, 2014 and the grant will be fully vested on March 14, 2017.