Sakhnini Humam 4
4 · Activision Blizzard, Inc. · Filed Apr 2, 2013
Insider Transaction Report
Form 4
Sakhnini Humam
Chief Strategy & Talent Ofc
Transactions
- Tax Payment
Common Stock, par value $0.000001 per share
2013-03-30$14.57/sh−11,918$173,645→ 164,676 total(indirect: By Trust) - Tax Payment
Common Stock, par value $0.000001 per share
2013-03-30$14.57/sh−9,396$136,900→ 155,280 total(indirect: By Trust)
Footnotes (4)
- [F1]On March 30, 2013, 25,000 performance-vesting restricted stock units held by Mr. Sakhnini vested. As allowed under the terms of his restricted stock unit award, the Company withheld 11,918 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- [F2]On January 13, 2013, Mr. Sakhnini transferred this award to the Sakhnini Family Trust.
- [F3]On March 30, 2013, 25,000 restricted stock units held by Mr. Sakhnini vested. As allowed under the terms of his restricted stock unit award, the Company withheld 9,396 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation.
- [F4]Following the transactions reported on this Form 4, Mr. Sakhnini held (a) 50,000 restricted stock units, each representing the right to receive one share of the Company's common stock, (b) 50,000 restricted stock units with vesting tied to performance, each representing the right to receive one share of the Company's common stock, and (c) 55,280 shares of the Company's common stock.