Activision Blizzard, Inc. 4
4 · Activision Blizzard, Inc. · Filed Nov 18, 2014
Insider Transaction Report
Form 4
Hodous Brian
Chief Customer Officer
Transactions
- Award
Common Stock, par value $0.000001 per share
2014-11-14+48,508→ 245,050 total - Award
Employee Stock Options
2014-11-14+72,237→ 72,237 totalExercise: $20.10Exp: 2024-11-14→ Common Stock, par value $0.000001 per share (72,237 underlying)
Footnotes (3)
- [F1]This grant was for 48,508 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number assumes maximum performance; target performance would result in a release of 38,806 shares of the Company's common stock. One-half of the restricted stock units vest on each of March 30, 2016 and 2017, in each case based upon the achievement of the performance metrics set forth in Mr. Hodous's employment agreement with the Company.
- [F2]Following the transactions reported on this Form 4, Mr. Hodous held (a) 96,542 shares of the Company's common stock, (b) 50,000 restricted stock units, and (c) 98,508 restricted stock units with vesting criteria tied to performance.
- [F3]One-half of these options vest on each of March 30, 2016 and 2017.