Filing Details
- Accession Number:
- 0001352027-17-000003
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-14 21:15:15
- Reporting Period:
- 2017-02-10
- Filing Date:
- 2017-02-14
- Accepted Time:
- 2017-02-14 21:15:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 718877 | Activision Blizzard Inc. | ATVI | Services-Prepackaged Software (7372) | 954803544 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1091423 | A Robert Kotick | C/O Activision Blizzard, Inc. 3100 Ocean Park Boulevard Santa Monica CA 90405 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.000001 Per Share | Acquisiton | 2017-02-10 | 262,998 | $9.57 | 2,573,264 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.000001 Per Share | Disposition | 2017-02-10 | 262,998 | $46.07 | 2,310,266 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.000001 Per Share | Acquisiton | 2017-02-10 | 3,700,000 | $13.29 | 6,010,266 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.000001 Per Share | Disposition | 2017-02-10 | 3,700,000 | $45.60 | 2,310,266 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.000001 Per Share | Employee Stock Options | Disposition | 2017-02-10 | 262,998 | $0.00 | 262,998 | $9.57 |
| Common Stock, Par Value $0.000001 Per Share | Employee Stock Options | Disposition | 2017-02-10 | 3,700,000 | $0.00 | 3,700,000 | $13.29 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-06-15 | No | 4 | M | Direct | |
| 0 | 2017-12-01 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, Par Value $0.000001 Per Share | 1 | Indirect | By ASAC II LLC |
| Common Stock, Par Value $0.000001 Per Share | 6,524,305 | Indirect | By ASAC 427 LLC |
| Common Stock, Par Value $0.000001 Per Share | 1,610,000 | Indirect | See footnote |
| Common Stock, Par Value $0.000001 Per Share | 9,600 | Indirect | By UTMAs for the benefit of minor children |
Footnotes
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on September 15, 2016 by the 10122B Trust, a revocable living trust of which the reporting person is beneficiary and trustee, with respect to options which were granted to the reporting person in 2007 and were set to expire in 2017. After the payment of taxes and fees and the exercise price of the options, the net proceeds delivered to the 10122B Trust as a result of these transactions were approximately $61.7 million.
- The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $45.64 to $46.42 per share. The 10122B Trust has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff information regarding the number of shares sold at each price within that range.
- The price in Column 4 is a weighted average price. The prices actually received for the stock ranged from $45.01 to $46.64 per share. The 10122B Trust has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff information regarding the number of shares sold at each price within that range.
- Following the transactions reported on this Form 4, the reporting person directly held (a) 796,949 shares of the Company's common stock and (b) 1,513,317 restricted stock units with vesting tied to performance, each representing the right to receive one share of the Company's common stock.
- Reflects the pro rata distribution of 12,561,810 shares of the Company's common stock by ASAC II LLC to its members, ASAC TJKS LLC and ASAC 427 LLC, on February 10, 2017.
- The 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.
- The reporting person disclaims beneficial ownership of the Company's common stock held by ASAC 427 LLC except to the extent of his pecuniary interest therein.
- These 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.
- These options to purchase shares of the Company's common stock were exercisable in full as of June 15, 2009.
- These options to purchase shares of the Company's common stock were exercisable in full as of December 1, 2012.
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