SEC Form 4 · accession 0001352027-18-000062
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher B Walther
Officer — Chief Legal Officer
Period of report
Nov 12, 2018
Accepted (ET)
Nov 14, 2018 · 7:05 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 shareF1 | Jun 20, 2018 | G | 1,300 | $0.00 | D | 184,988 | I | See footnote |
| Common Stock, par value $0.000001 per shareF2,F3,F1 | Nov 12, 2018 | A | 14,498 | $0.00 | A | 199,486 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are held by the Walther-Stockton 2013 Family Trust.
- F2This grant was for 14,498 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number assumes maximum performance; target performance would result in a release of 11,598 shares of the Company's common stock. The restricted stock units vest in full on March 30, 2022, based upon the level of performance measured by reference to the Company's cumulative operating income for 2019, 2020 and 2021. Mr. Walther transferred these securities to the Walther-Stockton 2013 Family Trust immediately after grant.
- F3Following the transaction reported on this Form 4, Mr. Walther held, indirectly through the Walther-Stockton 2013 Family Trust, (a) 153,581 performance-based vesting restricted stock units, each representing the right to receive one share of the Company's common stock, and (b) 45,905 shares of the Company's common stock.