4//SEC Filing
KELLY BRIAN G 4
Accession 0000718877-23-000077
CIK 0000718877other
Filed
Oct 15, 8:00 PM ET
Accepted
Oct 16, 4:09 PM ET
Size
14.1 KB
Accession
0000718877-23-000077
Insider Transaction Report
Form 4
KELLY BRIAN G
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.000001 per share
2023-10-13−1→ 0 total(indirect: By LLC) - Disposition to Issuer
Common Stock, par value $0.000001 per share
2023-10-13−574,721→ 0 total(indirect: By LLC) - Disposition to Issuer
Common Stock, par value $0.000001 per share
2023-10-13−29,102→ 0 total - Disposition to Issuer
Common Stock, par value $0.000001 per share
2023-10-13−2→ 0 total(indirect: By LLC) - Disposition to Issuer
Employee Stock Options
2023-10-13−80,676→ 0 totalExercise: $28.71Exp: 2025-08-06→ Common Stock, par value $0.000001 per share (80,676 underlying)
Footnotes (7)
- [F1]On October 13, 2023, Issuer completed the previously announced transaction with Microsoft Corporation, a Washington corporation ("Microsoft"), pursuant to the Agreement and Plan of Merger, dated as of January 18, 2022 (as amended, supplemented or otherwise modified from time to time, the "Merger Agreement"), by and among Issuer, Microsoft and Anchorage Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Microsoft ("Merger Sub"), providing for the merger of Merger Sub with and into Issuer (the "Merger"), with Issuer surviving the Merger as a wholly owned subsidiary of Microsoft.
- [F2]Reflects the disposition pursuant to the Merger Agreement, as of the effective time of the Merger (the "Effective Time"), of the following Issuer securities for $95.00 in cash per share/unit: (a) 26,854 shares of common stock and (b) 2,248 restricted stock units that vested as of the Effective Time in accordance with their terms.
- [F3]Reflects the disposition pursuant to the Merger Agreement, as of the Effective Time, of shares of Issuer's common stock for $95.00 in cash per share.
- [F4]Reporting person manages ASAC TJKS LLC. Reporting person disclaims beneficial ownership of Issuer's common stock held by ASAC TJKS LLC except to the extent of reporting person's pecuniary interest therein.
- [F5]Reporting person and Robert A. Kotick are the managers of ASAC II LLC. Reporting person disclaims beneficial ownership of Issuer's common stock held by ASAC II LLC except to the extent of reporting person's pecuniary interest therein.
- [F6]Reporting person is a member and manager of Delmonte Investments, LLC.
- [F7]Reflects the disposition pursuant to the Merger Agreement, as of the Effective Time, of options that were fully vested as of the Effective Time in accordance with their terms, each for an amount in cash equal to $95.00 less the applicable option exercise price and any applicable withholding taxes.
Documents
Issuer
Activision Blizzard, Inc.
CIK 0000718877
Entity typeother
IncorporatedNY
Related Parties
1- filerCIK 0001091425
Filing Metadata
- Form type
- 4
- Filed
- Oct 15, 8:00 PM ET
- Accepted
- Oct 16, 4:09 PM ET
- Size
- 14.1 KB