4//SEC Filing
Walther Christopher B 4
Accession 0001352027-20-000012
CIK 0000718877other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 7:03 PM ET
Size
12.1 KB
Accession
0001352027-20-000012
Insider Transaction Report
Form 4
Walther Christopher B
Chief Legal Officer
Transactions
- Sale
Common Stock, par value $0.000001 per share
2020-03-16$55.00/sh−159,452$8,769,860→ 124,305 total(indirect: See footnote) - Tax Payment
Common Stock, par value $0.000001 per share
2020-03-14$59.04/sh−13,677$807,490→ 148,665 total(indirect: See footnote) - Exercise/Conversion
Common Stock, par value $0.000001 per share
2020-03-16$41.09/sh+135,092$5,550,930→ 283,757 total(indirect: See footnote) - Exercise/Conversion
Employee Stock Options
2020-03-16$41.09/sh−135,092$5,550,930→ 45,030 total(indirect: See footnote.)Exercise: $41.09Exp: 2026-11-07→ Common Stock, par value $0.000001 per share (135,092 underlying)
Footnotes (6)
- [F1]On March 14, 2020, 29,523 performance-vesting restricted stock units held by Mr. Walther vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 13,677 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligation. As the performance conditions underlying this restricted stock unit award were not achieved at the maximum level, 6,222 previously reported restricted stock units did not vest. In addition, 19,014 previously reported shares granted pursuant to an additional restricted stock unit award did not vest, as the performance conditions underlying that award were not achieved.
- [F2]These securities are held by the Walther-Stockton 2013 Family Trust.
- [F3]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on November 26, 2019 by the Walther-Stockton 2013 Family Trust.
- [F4]Following the transactions reported on this Form 4, Mr. Walther held (a) 18,182 shares of the Company's common stock (b) 31,146 restricted stock units, and (c) 74,977 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- [F5]The exercised options were vested as of March 14, 2020 and the grant will be fully vested on March 14, 2021.
- [F6]Mr. Walther transferred these securities to the Walther-Stockton 2013 Family Trust immediately after grant.
Documents
Issuer
Activision Blizzard, Inc.
CIK 0000718877
Entity typeother
Related Parties
1- filerCIK 0001473352
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 7:03 PM ET
- Size
- 12.1 KB