4//SEC Filing
Activision Blizzard, Inc. 4
Accession 0001352027-14-000060
CIK 0000718877operating
Filed
Nov 17, 7:00 PM ET
Accepted
Nov 18, 6:17 PM ET
Size
8.4 KB
Accession
0001352027-14-000060
Insider Transaction Report
Form 4
Sakhnini Humam
Chief Strategy & Talent Ofc
Transactions
- Award
Common Stock, par value $0.000001 per share
2014-11-14+121,269→ 198,933 total(indirect: By Trust) - Award
Employee Stock Options
2014-11-14+215,210→ 215,210 total(indirect: By Trust)Exercise: $20.10Exp: 2024-11-14→ Common Stock, par value $0.000001 per share (215,210 underlying)
Footnotes (4)
- [F1]This grant was for 121,269 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 97,015 shares of the Company's common stock. Two-thirds of the restricted stock units vest on March 30, 2017 and the remaning one-third vests on March 30, 2018, in each case based upon the achievement of the performance metrics set forth in Mr. Sakhnini's employment agreement with the Company.
- [F2]Following the transactions reported on this Form 4, Mr. Sakhnini held, through the Sakhnini Family Trust (a) 25,000 restricted stock units, each representing the right to receive one share of the Company's common stock, (b) 146,269 restricted stock units with vesting tied to performance, each representing the right to receive one share of the Company's common stock, and (c) 27,664 shares of the Company's common stock.
- [F3]Immediately after receiving them, Mr. Sakhnini transferred these securities to the Sakhnini Family Trust.
- [F4]Two-third of these options vest on March 30, 2017 and the remaining one-third vest on March 30, 2018.
Documents
Issuer
Activision Blizzard, Inc.
CIK 0000718877
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000718877
Filing Metadata
- Form type
- 4
- Filed
- Nov 17, 7:00 PM ET
- Accepted
- Nov 18, 6:17 PM ET
- Size
- 8.4 KB