SEC Form 4 · accession 0001352027-17-000006
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Riccardo Zacconi
Officer — Chief Executive Officer, King
Period of report
Feb 16, 2017
Accepted (ET)
Feb 21, 2017 · 6:35 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 16, 2017 | F | 796 | $45.39 | D | 62,546 | D | |
| Common Stock, par value $0.000001 per share | Feb 16, 2017 | F | 2,512 | $45.39 | D | 60,034 | D | |
| Common Stock, par value $0.000001 per share | Feb 21, 2017 | M | 16,032 | $26.41 | A | 76,066 | D | |
| Common Stock, par value $0.000001 per share | Feb 21, 2017 | S | 16,032 | $45.41 | D | 60,034 | D | |
| Common Stock, par value $0.000001 per share | Feb 21, 2017 | S | 2,832 | $45.41 | D | 57,202 | D | |
| Common Stock, par value $0.000001 per shareF3 | Feb 21, 2017 | S | 897 | $45.41 | D | 56,305 | 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 OptionsF4 | $26.41 | Feb 21, 2017 | M | 16,032 | D | — | Feb 15, 2025 | Common Stock, par value $0.000001 per share | 16,032 | 128,264 | D |
Explanation of responses
- F1On February 16, 2017, 1,693 restricted share units held by Mr. Zacconi vested. As allowed under the terms of his restricted share unit agreement, the Company withheld 796 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F2On February 16, 2017, 5,344 restricted share units held by Mr. Zacconi vested. As allowed under the terms of his restricted share unit agreement, the Company withheld 2,512 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F3Following the transactions reported on this Form 4, Mr. Zacconi held 56,305 restricted share units, each representing the right to receive a share of the Company's common stock
- F4The exercised options vested on February 16, 2017. The remaining options will be fully vested on February 16, 2019.