SEC Form 4 · accession 0001352027-18-000030
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Spencer Adam Neumann
Officer — Chief Financial Officer
Period of report
Mar 31, 2018
Accepted (ET)
Apr 3, 2018 · 7:08 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 31, 2018 | F | 25,868 | $67.46 | D | 301,418 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 31, 2018, 52,173 performance-vesting restricted stock units held by Mr. Neumann vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 25,868 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation. Further, as the performance conditions underlying this restricted stock unit award were not achieved at the maximum level, 29,948 previously reported restricted stock units did not vest.
- F2Following the transactions reported on this Form 4, Mr. Neumann held (a) 26,305 shares of the Company's common stock and (b) 275,113 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.