Armin Zerza - Aug 3, 2022 Form 4 Insider Report for Activision Blizzard, Inc. (ATVI)

Role: Chief Financial Officer
Signature: /s/ Armin Zerza
Stock symbol: ATVI
Transactions as of: Aug 3, 2022
Transactions value $: -$816,170
Form type: 4
Date filed: 8/4/2022, 04:41 PM
Previous filing: Jun 3, 2022
Next filing: Dec 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ATVI	Common Stock, par value $0.000001 per share	Sale	-$816K	-10.2K	-5.18%	$80.22	186K	Aug 3, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $80.22 to $80.24 per share. Mr. Zerza 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.
F2	Following the transactions reported on this Form 4, Mr. Zerza held (a) 163,378 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock, and (b) 22,739 restricted share units, each representing the right to receive one share of the Company's common stock. The actual number of aggregate shares earned in connection with the performance-vesting restricted stock units will depend on actual performance and will range from 0 to 200,625 shares of the Company's common stock. The number of performance-vesting restricted stock units assumes, as previously disclosed, target performance for each performance-vesting restricted stock unit grant.

Content

The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $80.22 to $80.24 per share. Mr. Zerza 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.

Following the transactions reported on this Form 4, Mr. Zerza held (a) 163,378 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock, and (b) 22,739 restricted share units, each representing the right to receive one share of the Company's common stock. The actual number of aggregate shares earned in connection with the performance-vesting restricted stock units will depend on actual performance and will range from 0 to 200,625 shares of the Company's common stock. The number of performance-vesting restricted stock units assumes, as previously disclosed, target performance for each performance-vesting restricted stock unit grant.