4//SEC Filing
Walther Christopher B 4
Accession 0001352027-21-000021
CIK 0000718877other
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 7:00 PM ET
Size
12.3 KB
Accession
0001352027-21-000021
Insider Transaction Report
Form 4
Walther Christopher B
Chief Legal Officer
Transactions
- Tax Payment
Common Stock, par value $0.000001 per share
2021-03-14$93.03/sh−17,722$1,648,766→ 113,601 total(indirect: See footnote.) - Sale
Common Stock, par value $0.000001 per share
2021-03-15$91.98/sh−45,030$4,141,819→ 113,601 total(indirect: See footnote.) - Exercise/Conversion
Common Stock, par value $0.000001 per share
2021-03-15$41.09/sh+45,030$1,850,283→ 158,631 total(indirect: See footnote.) - Exercise/Conversion
Employee Stock Options
2021-03-15$41.09/sh+45,030$1,850,283→ 0 total(indirect: See footnote.)Exercise: $41.09Exp: 2026-11-07→ Common Stock, par value $0.000001 per share (45,030 underlying)
Footnotes (7)
- [F1]On March 14, 2021, 35,744 performance-vesting restricted stock units held by Mr. Walther vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 17,722 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligations.
- [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 December 9, 2020 by the Walther-Stockton 2013 Family Trust.
- [F4]The price in column 4 is a weighted average price. The prices actually received for the stock ranged from $91.44 to $92.91 per share. Mr. Walther has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares sold at each price within that range.
- [F5]Following the transactions reported on this Form 4, Mr. Walther held (a) 35,041 shares of the Company's common stock, (b) 31,146 restricted stock units, and (c) 47,414 performance vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number of performance-vesting restricted stock units assumes, as previously disclosed, maximum performance for grants prior to November 2, 2020 and assumes target performance for any awards thereafter.
- [F6]These exercised options vested on March 14, 2021.
- [F7]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 15, 8:00 PM ET
- Accepted
- Mar 16, 7:00 PM ET
- Size
- 12.3 KB