4//SEC Filing
Activision Blizzard, Inc. 4
Accession 0001352027-16-000061
CIK 0000718877operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:37 PM ET
Size
13.1 KB
Accession
0001352027-16-000061
Insider Transaction Report
Form 4
Hirshberg Eric
CEO, Activision Publishing
Transactions
- Gift
Common Stock, par value $0.000001 per share
2015-12-31−116,004→ 461,163 total - Tax Payment
Common Stock, par valur $0.000001 per share
2015-12-31$38.71/sh−233,996$9,057,985→ 577,167 total - Exercise/Conversion
Common Stock, par value $0.000001 per share
2015-12-31$11.88/sh+350,000$4,158,000→ 811,163 total - Exercise/Conversion
Employee Stock Options
2015-12-31−350,000→ 0 totalExercise: $11.88Exp: 2020-11-08→ Common Stock, par value $0.000001 per share (350,000 underlying)
Footnotes (7)
- [F1]On December 31, 2015, Mr. Hirshberg exercised options to purchase 350,000 shares of the Company's common stock. Pursuant to the terms of his option award agreement, the Company withheld 233,996 of the shares otherwise deliverable to him in order to satisfy the aggregate exercise price for the options and the resulting tax withholding obligation.
- [F2]Mr. Hirshberg transferred the shares delivered to him upon exercise of these stock options to the Eric and Tara Hirshberg Revocable Trust.
- [F3]Following the transaction reported on this Form 4, Mr. Hirshberg directly held 461,163 restricted stock units, all of which have vesting criteria tied to performance.
- [F4]Following the transactions reported on this Form 4, Mr. Hirshberg indirectly held (through the Eric and Tara Hirshberg Revocable Trust) 168,699 shares of the Company's common stock.
- [F5]These securities are held by the Eric and Tara Hirshberg Revocable Trust.
- [F6]These options were fully vested as of August 31, 2015.
- [F7]Per the terms of Mr. Hirshberg's award agreement, these options were required to be exercised by December 31, 2015.
Documents
Issuer
Activision Blizzard, Inc.
CIK 0000718877
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000718877
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 6:37 PM ET
- Size
- 13.1 KB