SEC Form 4 · accession 0001352027-16-000122
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian M. Stolz
Officer — Chief People Officer
Period of report
Nov 7, 2016
Accepted (ET)
Nov 9, 2016 · 8:07 pm EST
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 shareF1,F2 | Nov 7, 2016 | A | 15,210 | $0.00 | A | 135,254 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This grant was for 15,210 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number assumes maximum performance; target performance would result in a release of 12,168 shares of the Company's common stock. The restricted stock units vest in full on March 31, 2020, based upon the level of performance measured by reference to the Company's cumulative operating income for 2017, 2018 and 2019.
- F2Following the transactions reported on this Form 4, Mr. Stolz holds 135,254 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.