Macartney Claudine 4
4 · Activision Blizzard, Inc. · Filed Nov 13, 2019
Insider Transaction Report
Form 4
Macartney Claudine
Chief People Officer
Transactions
- Award
Employee Stock Options
2019-11-11+130,309→ 130,309 totalExercise: $52.52Exp: 2029-11-11→ Common Stock, par value $0.000001 per share (130,309 underlying) - Award
Common Stock, par value $0.000001 per share
2019-11-11+82,111→ 82,111 total
Footnotes (3)
- [F1]This grant was for 82,111 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 65,689 shares of the Company's common stock. One-third of the restricted stock units vest on July 31, 2020, based upon the level of performance measured by reference to the Company's operating income for 2019; one-third of the restricted stock units vest on July 31, 2021, based upon the level of performance measured by reference to the Company's operating income for 2020; and one-third of the restricted stock units vest on July 31, 2022, based upon the level of performance measured by reference to the Company's operating income for 2021.
- [F2]Following the transactions reported on this Form 4, Ms. Macartney holds 82,111 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock.
- [F3]Two-thirds of the options vest on July 31, 2021, and one-third of the options vest on July 31, 2022.