Morhaime Michael 5
5 · Activision Blizzard, Inc. · Filed Feb 14, 2019
Insider Transaction Report
Form 5
Morhaime Michael
Pres. & CEO-Blizzard Ent.
Transactions
- Tax Payment
Common Stock, par value $0.000001 per share
2018-03-15$73.38/sh−1,754$128,709→ 16,175 total(indirect: By Spouse)
Holdings
- 189,728
Common Stock, par value $0.000001 per share
- 423,590(indirect: See footnote)
Common Stock, par value $0.000001 per share
Footnotes (4)
- [F1]On March 15, 2018, 5,068 performance-vesting restricted stock units held by Mr. Morhaime's wife vested. Pursuant to the terms of her restricted stock unit award agreement, the Company withheld 1,754 of the shares otherwise deliverable to her in order to satisfy the resulting tax withholding obligation. Further, as the performance conditions underlying this restricted stock unit award were not achieved at the maximum level, 585 previously reported restricted stock units did not vest.
- [F2]Reflects the cancellation of 4,924 previously reported performance-vesting restricted stock units held by Mr. Morhaime's wife. Pursuant to the terms of her award agreements, these restricted stock units were cancelled on December 3, 2018, when she ceased to be an employee of the Company.
- [F3]Following the transactions reported on this Form 5, Mr. Morhaime directly held (a) 166,395 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock, and (b) 23,333 time-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- [F4]These securities are held by the Michael Morhaime Revocable Trust.