4//SEC Filing
YANG JESSE 4
Accession 0000718877-22-000050
CIK 0000718877other
Filed
Dec 20, 7:00 PM ET
Accepted
Dec 21, 9:14 PM ET
Size
13.4 KB
Accession
0000718877-22-000050
Insider Transaction Report
Form 4
YANG JESSE
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock, par value $0.000001 per share
2022-12-21$75.89/sh−140$10,625→ 53,644 total - Tax Payment
Common Stock, par value $0.000001 per share
2022-12-21$75.89/sh−70$5,312→ 58,881 total - Tax Payment
Common Stock, par value $0.000001 per share
2022-12-21$75.89/sh−1,850$140,397→ 54,915 total - Tax Payment
Common Stock, par value $0.000001 per share
2022-12-21$75.89/sh−1,131$85,832→ 53,784 total - Tax Payment
Common Stock, par value $0.000001 per share
2022-12-21$75.89/sh−2,116$160,583→ 56,765 total
Footnotes (4)
- [F1]Pursuant to terms of reporting person's restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of accelerated vesting on transaction date of restricted stock units held by reporting person initially scheduled to vest in 2023, in order to satisfy resulting tax withholding obligations. Reporting person has signed an Acceleration and Clawback Agreement providing that accelerated restricted stock units are subject to certain repayment conditions.
- [F2]Pursuant to terms of reporting person's performance-vesting restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of accelerated vesting on transaction date of performance-vesting restricted stock units held by reporting person initially scheduled to vest, if at all, in 2023, in order to satisfy resulting tax withholding obligations. Reporting person has signed an Acceleration and Clawback Agreement providing that accelerated performance-vesting restricted stock units are subject to certain repayment and true-up conditions.
- [F3]For each performance-vesting restricted stock unit award for which vesting was accelerated, the number of accelerated units was a certain percentage of such award's original target amount previously disclosed by reporting person, calculated based on Issuer's Compensation Committee's approval for acceleration purposes of an assumed performance achievement level, as estimated to be applicable to the specific award criteria of each such award; with additional units under such award previously reported by reporting person remaining eligible to vest based on Issuer's Compensation Committee's ultimate determination in 2023 of performance achievement level relative to the same performance metrics set forth in the initial grant.
- [F4]Following the transactions reported on this Form 4, reporting person held (a) 13,807 shares of Issuer's common stock, (b) 34,898 restricted stock units, each representing the right to receive one share of Issuer's common stock, and (c) 4,939 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock (assumes, as previously disclosed, maximum performance for performance-vesting restricted stock unit grants prior to December 9, 2020, and target performance for any such grants thereafter; actual number of aggregate shares earned will depend on actual performance and will range from 0 to 5,520 shares of Issuer's common stock).
Documents
Issuer
Activision Blizzard, Inc.
CIK 0000718877
Entity typeother
Related Parties
1- filerCIK 0001811303
Filing Metadata
- Form type
- 4
- Filed
- Dec 20, 7:00 PM ET
- Accepted
- Dec 21, 9:14 PM ET
- Size
- 13.4 KB