SEC Form 4 · accession 0001352027-17-000036
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis M Durkin
Officer — Chief Corporate Officer
Period of report
Aug 11, 2017
Accepted (ET)
Aug 15, 2017 · 6:57 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 | Aug 11, 2017 | M | 75,000 | $11.73 | A | 337,534 | D | |
| Common Stock, par value $0.000001 per shareF1 | Aug 11, 2017 | S | 75,000 | $60.6527 | D | 262,534 | D | |
| Common Stock, par value $0.000001 per shareF2 | Aug 11, 2017 | S | 85,000 | $60.7046 | D | 177,534 | D | |
| Common Stock, par value $0.000001 per shareF3 | Aug 15, 2017 | G | 15,000 | $0.00 | D | 162,534 | 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 | $11.73 | Aug 11, 2017 | M | 75,000 | D | — | Mar 6, 2022 | Common Stock, par value $0.000001 per share | 75,000 | 100,000 | D |
Explanation of responses
- F1The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $60.60 to $60.74 per share. Mr. Durkin has provided to the Company and, upon will request, will provide to any security holder of the Company or the SEC staff with information regarding the number of shares sold at each price within that range.
- F2The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $60.55 to $60.80 per share. Mr. Durkin has provided to the Company and, upon will request, will provide to any security holder of the Company or the SEC staff with information regarding the number of shares sold at each price within that range.
- F3Following the transactions reported on this Form 4, Mr. Durkin held (a) 106,542 shares of the Company's common stock and (b) 55,992 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- F4These vested options were exercisable as of March 14, 2016 and the remaining 100,000 options were fully vested as of March 14, 2017.