SEC Form 4 · accession 0001352027-18-000028
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Hirshberg
Officer — CEO, Activision Publishing
Period of report
Mar 30, 2018
Accepted (ET)
Apr 3, 2018 · 7:06 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 shareF1,F2 | Mar 30, 2018 | F | 61,315 | $67.46 | D | 63,004 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 30, 2018, 124,319 performance-vesting restricted stock units held by Mr. Hirshberg vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 61,315 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation. Further, as the performance conditions underlying one tranche of this restricted stock unit award were not achieved at the maximum level, 23,123 previously reported restricted stock units did not vest. Additionally, on March 30, 2018, following the termination of Mr. Hirshberg's employment with the Company, 73,721 previously reported unvested restricted stock units were cancelled
- F2Following the transactions reported on this Form 4, Mr. Hirshberg held 63,004 shares of the Company's common stock.