SEC Form 4 · accession 0001352027-17-000010
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Morhaime
Officer — Pres. & CEO-Blizzard Ent.
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 5:50 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 | Mar 15, 2017 | M | 5,000 | $11.54 | A | 27,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF1 | Mar 15, 2017 | S | 5,000 | $49.1783 | D | 22,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per share | Mar 15, 2017 | M | 2,500 | $11.88 | A | 25,043 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF1 | Mar 15, 2017 | S | 2,500 | $49.1783 | D | 22,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per share | Mar 15, 2017 | M | 1,705 | $12.98 | A | 24,248 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF1 | Mar 15, 2017 | S | 1,705 | $49.1783 | D | 22,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per share | Mar 15, 2017 | M | 3,258 | $10.66 | A | 25,801 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF1 | Mar 15, 2017 | S | 3,258 | $49.1783 | D | 22,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per share | Mar 15, 2017 | M | 8,686 | $17.72 | A | 31,229 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF1 | Mar 15, 2017 | S | 8,686 | $49.1783 | D | 22,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per share | Mar 15, 2017 | M | 7,037 | $20.10 | A | 29,580 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF1 | Mar 15, 2017 | S | 7,037 | $49.1783 | D | 22,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per share | Mar 15, 2017 | M | 1,438 | $34.59 | A | 23,981 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF1,F2 | Mar 15, 2017 | S | 1,438 | $49.1783 | D | 22,543 | I | Securites held by Mr. Morhaime's wife |
| Common Stock, par value $0.000001 per shareF3 | holding | — | — | — | 139,999 | D | ||
| Common Stock, par value $0.000001 per shareF4,F5 | holding | — | — | — | 369,821 | I | See footnote. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF6 | $11.54 | Mar 15, 2017 | M | 5,000 | D | — | Nov 9, 2019 | Common Stock, par value $0.000001 per share | 5,000 | 0 | I |
| Employee Stock OptionsF7 | $11.88 | Mar 15, 2017 | M | 2,500 | D | — | Nov 8, 2020 | Common Stock, par value $0.000001 per share | 2,500 | 0 | I |
| Employee Stock OptionsF8 | $12.98 | Mar 15, 2017 | M | 1,705 | D | — | Nov 10, 2021 | Common Stock, par value $0.000001 per share | 1,705 | 0 | I |
| Employee Stock OptionsF9 | $10.66 | Mar 15, 2017 | M | 3,258 | D | — | Nov 9, 2022 | Common Stock, par value $0.000001 per share | 3,258 | 0 | I |
| Employee Stock OptionsF10 | $17.72 | Mar 15, 2017 | M | 8,686 | D | — | Nov 15, 2023 | Common Stock, par value $0.000001 per share | 8,686 | 0 | I |
| Employee Stock OptionsF11 | $20.10 | Mar 15, 2017 | M | 7,037 | D | — | Nov 14, 2024 | Common Stock, par value $0.000001 per share | 7,037 | 3,518 | I |
| Employee Stock OptionsF12 | $34.59 | Mar 15, 2017 | M | 1,438 | D | — | Nov 13, 2025 | Common Stock, par value $0.000001 per share | 1,438 | 2,875 | I |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $49.17 to $49.22 per share. Mr. Morhaime 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.
- F10These options were fully exercisable as of November 15, 2016.
- F11The exercised options were fully vested as of November 14, 2016. The remaining options will vest on November 14, 2017.
- F12The exercised options vested on November 13, 2016. One-half of the remaining options will vest on each of November 13, 2017 and 2018.
- F2Following the transactions reported on this Form 4, Mr. Morhaime indirectly holds, through his wife, (a) 12,861 shares of the Company's common stock and (b) 9,682 performance-based vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- F3Mr. Morhaime directly holds 139,999 restricted stock units, each representing the right to receive one share of the Company's common stock.
- F4Mr. Morhaime indirectly holds, through the Michael Morhaime Revocable Trust, 369,821 shares of the Company's common stock.
- F5These securities are held by the Michael Morhaime Revocable Trust.
- F6These options were fully exercisable as of November 9, 2012.
- F7These options were fullly exercisable as of November 8, 2013.
- F8These options were fully exercisable as of November 10, 2014.
- F9These options were fully exercisable as of November 9, 2015.