SEC Form 4 · accession 0001352027-18-000020
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen G Wereb
Officer — Principal Accounting Officer
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 7:04 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 | Mar 1, 2018 | S | 6,203 | $72.9901 | D | 48,511 | D | |
| Common Stock, par value $0.000001 per share | Mar 1, 2018 | M | 4,919 | $12.98 | A | 53,430 | D | |
| Common Stock, par value $0.000001 per shareF1 | Mar 1, 2018 | S | 4,919 | $72.3418 | D | 48,511 | D | |
| Common Stock, par value $0.000001 per share | Mar 1, 2018 | M | 14,793 | $17.72 | A | 63,304 | D | |
| Common Stock, par value $0.000001 per shareF1 | Mar 1, 2018 | S | 14,793 | $72.3418 | D | 48,511 | D | |
| Common Stock, par value $0.000001 per share | Mar 1, 2018 | M | 69,064 | $20.29 | A | 117,575 | D | |
| Common Stock, par value $0.000001 per shareF1 | Mar 1, 2018 | S | 69,064 | $72.3418 | D | 48,511 | D | |
| Common Stock, par value $0.000001 per share | Mar 1, 2018 | M | 18,392 | $20.10 | A | 66,903 | D | |
| Common Stock, par value $0.000001 per shareF1 | Mar 1, 2018 | S | 18,392 | $72.3418 | D | 48,511 | D | |
| Common Stock, par value $0.000001 per share | Mar 1, 2018 | M | 7,150 | $34.59 | A | 55,661 | D | |
| Common Stock, par value $0.000001 per shareF1,F2 | Mar 1, 2018 | S | 7,150 | $72.3418 | D | 48,511 | 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 OptionsF3 | $12.98 | Mar 1, 2018 | M | 4,919 | D | — | Nov 10, 2021 | Common Stock, par value $0.000001 per share | 4,919 | 0 | D |
| Employee Stock OptionsF4 | $17.72 | Mar 1, 2018 | M | 14,793 | D | — | Nov 15, 2023 | Common Stock, par value $0.000001 per share | 14,793 | 0 | D |
| Employee Stock OptionsF5 | $20.29 | Mar 1, 2018 | M | 69,064 | D | — | Mar 10, 2024 | Common Stock, par value $0.000001 per share | 69,064 | 0 | D |
| Employee Stock OptionsF6 | $20.10 | Mar 1, 2018 | M | 18,392 | D | — | Nov 14, 2024 | Common Stock, par value $0.000001 per share | 18,392 | 0 | D |
| Employee Stock OptionsF7 | $34.59 | Mar 1, 2018 | M | 7,150 | D | — | Nov 13, 2025 | Common Stock, par value $0.000001 per share | 7,150 | 3,575 | D |
Explanation of responses
- F1The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $71.92 to $72.69 per share. Mr. Wereb has provided 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.
- F2Following the transactions reported on this Form 4, Mr. Wereb held 48,511 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- F3These options were fully vested on November 10, 2014.
- F4These options were fully vested on November 15, 2016.
- F5These options were fully vested on June 29, 2017.
- F6These options were fully vested on November 14, 2017.
- F7One-half of the exercised options vested on each of November 13, 2016 and 2017. The remaining options will vest on November 13, 2018.