Wereb Stephen G 4
4 · Activision Blizzard, Inc. · Filed Nov 14, 2018
Insider Transaction Report
Form 4
Wereb Stephen G
Principal Accounting Officer
Transactions
- Award
Employee Stock Options
2018-11-12+5,391→ 5,391 totalExercise: $53.89Exp: 2028-11-12→ Common Stock, par value $0.000001 per share (5,391 underlying) - Award
Common Stock, par value $0.000001 per share
2018-11-12+3,759→ 40,413 total
Footnotes (3)
- [F1]This grant was for 3,759 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 3,006 shares of the Company's common stock. The restricted stock units vest on March 30, 2022, based upon the level of performance measured by reference to the Company's operating income for 2019, 2020 and 2021.
- [F2]Following the transactions reported on this Form 4, Mr. Wereb held (a) 10,393 shares of the Company's common stock, and (b) 30,020 performance-based vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- [F3]One-third of these options vest on each of November 12, 2019, 2020 and 2021.