SEC Form 4 · accession 0001352027-17-000015
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
May 16, 2017
Accepted (ET)
May 18, 2017 · 8:02 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 | May 16, 2017 | F | 796 | $56.78 | D | 55,509 | D | |
| Common Stock, par value $0.000001 per share | May 16, 2017 | F | 2,512 | $56.78 | D | 52,997 | D | |
| Common Stock, par value $0.000001 per share | May 17, 2017 | M | 16,032 | $26.41 | A | 69,029 | D | |
| Common Stock, par value $0.000001 per shareF3 | May 17, 2017 | S | 16,032 | $55.4514 | D | 52,997 | D | |
| Common Stock, par value $0.000001 per share | May 17, 2017 | S | 2,832 | $55.466 | D | 50,165 | D | |
| Common Stock, par value $0.000001 per shareF4 | May 17, 2017 | S | 897 | $55.466 | D | 49,268 | 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 OptionsF5 | $26.41 | May 17, 2017 | M | 16,032 | D | — | Feb 15, 2025 | Common Stock, par value $0.000001 per share | 16,032 | 112,232 | D |
Explanation of responses
- F1On May 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 May 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.
- F3The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $55.45 to $55.48 per share. Mr. Zacconi 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.
- F4Following the transactions reported on this Form 4, Mr. Zacconi held 49,268 restricted share units, each representing the right to receive a share of the Company's common stock.
- F5The exercised options vested on May 16, 2017. The remaining options will be fully vested on February 16, 2019.