SEC Form 4 · accession 0001352027-18-000070
Activision Blizzard, Inc. · ATVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Kotick
Officer — Chief Executive Officer · Director
Period of report
Nov 21, 2018
Accepted (ET)
Nov 26, 2018 · 7:44 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 21, 2018 | G | 90,000 | $0.00 | D | 4,010,379 | D | |
| Common Stock, par value $0.000001 per shareF1,F2 | Sep 12, 2018 | G | 6,239 | $0.00 | D | 4,004,140 | D | |
| Common Stock, par value $0.000001 per shareF3,F4 | Nov 20, 2018 | G | 287,502 | $0.00 | D | 221,288 | I | See footnote |
| Common Stock, par value $0.000001 per shareF5 | holding | — | — | — | 1 | I | By ASAC II LLC | |
| Common Stock, par value $0.000001 per shareF6 | holding | — | — | — | 7,200 | I | By UTMAs for the benefit of minor children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.000001 per shareF7 | $50.85 | Nov 21, 2018 | A | 925,057 | A | Dec 31, 2022 | Nov 21, 2028 | Common Stock, par value $0.000001 per share | 925,057 | 925,057 | D |
Explanation of responses
- F1Represents a charitable gift/transfer of shares of the Company's common stock to a 501(c)(3) organization.
- F2Following the transactions reported on this Form 4, the reporting person directly held (a) 1,906,917 shares of the Company's common stock and (b) 2,097,223 restricted stock units with vesting tied to performance, each representing the right to receive one share of the Company's common stock.
- F3Represents the distribution of shares of the Company's common stock from grantor retained annuity trusts for the benefit of the reporting person's children, of which the reporting person is the trustee, to the 31427N Trust.
- F4These shares are held by grantor retained annuity trusts for the benefit of the reporting persons's children, of which the reporting person is the trustee.
- F5The reporting person and Brian G. Kelly are the managers of ASAC II LLC. The reporting person disclaims beneficial ownership of the Company's common stock held by ASAC II LLC except to the extent of his pecuniary interest therein.
- F6The reporting person disclaims beneficial ownership of the Company's common stock held by these UTMAs except to the extent of his pecuniary interest therein.
- F7This award is subject to immediate vesting if the terms set forth in Section 12 of Mr. Kotick's employment agreement with the Company, dated as of November 22, 2016 and effective as of October 1, 2016, and filed as an exhibit to the Form 8-K filed by the Company on November 25, 2016, are met.