Durkin Dennis M 4
4 · Activision Blizzard, Inc. · Filed Mar 12, 2019
Insider Transaction Report
Form 4
Durkin Dennis M
Chief Financial Officer
Transactions
- Award
Common Stock, par value $0.000001 per share
2019-03-08+111,528→ 457,181 total - Award
Common Stock, par value $0.000001 per share
2019-03-08+223,056→ 345,653 total
Footnotes (3)
- [F1]This grant was for 223,056 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes maximum performance; target performance would result in the release of 178,444 shares of the Company's common stock. One-half of these restricted stock units will vest on March 30, 2020, based upon the level of performance measured by reference to the Company's operating income for 2019, one-quarter will vest on March 30, 2021, based upon the level of performance measured by reference to the Company's operating income for 2020, and one-quarter will vest on March 30, 2021, based upon the level of performance measured by reference to operating income of the Company's emerging businesses for 2020.
- [F2]This grant was for 111,528 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes maximum performance; target performance would result in the release of 89,222 shares of the Company's common stock. These performance-vesting restricted stock units will vest on March 30, 2021, based upon the level of performance measured by reference to the Company's earnings per share for 2020.
- [F3]Following the transactions reported on this Form 4, Mr. Durkin held (a) 112,329 shares of the Company's common stock and (b) 344,852 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.