SEC Form 4 · accession 0001352027-17-000002
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian G Kelly
Director
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 9:13 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 share | Feb 10, 2017 | M | 262,998 | $9.565 | A | 559,850 | D | |
| Common Stock, par value $0.000001 per shareF2,F3 | Feb 10, 2017 | S | 262,998 | $46.0224 | D | 296,852 | D | |
| Common Stock, par value $0.000001 per shareF4,F5,F6 | Feb 13, 2017 | S | 3,144,000 | $45.8374 | D | 4,481,522 | I | By ASAC TJKS LLC |
| Common Stock, par value $0.000001 per shareF7,F6 | Feb 14, 2017 | S | 1,631,000 | $45.2867 | D | 2,850,522 | I | By ASAC TJKS LLC |
| Common Stock, par value $0.000001 per shareF5,F8 | holding | — | — | — | 1 | I | By ASAC II LLC | |
| Common Stock, par value $0.000001 per share | holding | — | — | — | 1,330,199 | I | By the 115190D Trust | |
| Common Stock, par value $0.000001 per share | holding | — | — | — | 486,333 | I | The Kelly Descendants 2016 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 OptionsF9 | $9.565 | Feb 10, 2017 | M | 262,998 | D | — | Jun 15, 2017 | Common Stock, par value $0.000001 per share | 262,998 | 0 | D |
Explanation of responses
- F1These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2016 by the reporting person with respect to options which were granted to him in 2007 and were set to expire in 2017.
- F2The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $45.26 to $46.42 per share. The reporting person has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff information regarding the number of shares sold at each price within that range.
- F3Following the transactions reported on this Form 4, the reporting person directly owns (a) 292,929 shares of the Company's common stock and (b) 3,923 restricted share units, each representing the right to receive one share of the Company's common stock.
- F4The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $45.39 to $46.70 per share. The reporting person has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff information regarding the number of shares sold at each price within that range.
- F5Reflects the pro rata distribution of 12,561,810 shares of the Company's common stock by ASAC II LLC to its members, ASAC TJKS LLC and ASAC 427 LLC, on February 10, 2017.
- F6The reporting person disclaims beneficial ownership of the Company's common stock held by ASAC TJKS LLC except to the extent of his pecuniary interest therein.
- F7The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $44.75 to $45.84 per share. The reporting person has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff information regarding the number of shares sold at each price within that range.
- F8The reporting person and Robert A. Kotick are the managers of ASAC II LLC. Mr. Kelly disclaims beneficial ownership of the Company's common stock held by ASAC II LLC except to the extent of his pecuniary interest therein.
- F9These options to purchase shares of the Company's common stock were exercisable in full as of June 15, 2009.