SEC Form 4 · accession 0001352027-17-000044
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
Nov 12, 2017
Accepted (ET)
Nov 14, 2017 · 7:08 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 | Nov 12, 2017 | F | 12,822 | $63.00 | D | 270,238 | D | |
| Common Stock, par value $0.000001 per share | Nov 12, 2017 | G | 10,511 | $0.00 | D | 259,727 | D | |
| Common Stock, par value $0.000001 per shareF3 | Nov 12, 2017 | G | 10,511 | $0.00 | A | 390,843 | I | See footnote |
| Common Stock, par value $0.000001 per share | Nov 13, 2017 | F | 12,822 | $63.62 | D | 246,905 | D | |
| Common Stock, par value $0.000001 per shareF5 | Nov 13, 2017 | G | 10,511 | $0.00 | D | 236,394 | D | |
| Common Stock, par value $0.000001 per shareF6,F3 | Nov 13, 2017 | G | 10,511 | $0.00 | A | 401,354 | I | See footnote |
| Common Stock, par value $0.000001 per shareF7 | holding | — | — | — | 23,438 | I | Securities held by Mr. Morhaime's wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 12, 2017, 23,333 restricted stock units held by Mr. Morhaime vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 12,822 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F2Following the receipt thereof, Mr. Morhaime transferred the net shares he received in connection with the vesting of his restricted stock units to the Michael Morhaime Revocable Trust.
- F3These securities are held by the Michael Morhaime Revocable Trust.
- F4On November 13, 2017, 23,333 restricted stock units held by Mr. Morhaime vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 12,822 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- F5Following the transactions reported on this Form 4, Mr. Morhaime directly held (a) 166,395 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock, and (b) 69,999 time-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- F6Following the transactions reported on this Form 4, Mr. Morhaime indirectly held, through the Michael Morhaime Revocable Trust, 401,354 shares of the Company's common stock.
- F7Following the transactions reported on this form 4, Mr. Morhaime indirectly held, through his wife, (a) 12,861 shares of the Company's common stock and (b) 10,577 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.