| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ATVI | Common Stock, par value $0.000001 per share | Award | $0 | +39.5K | +53.27% | $0.00 | 114K | Dec 19, 2022 | Direct | F1 |
| transaction | ATVI | Common Stock, par value $0.000001 per share | Tax liability | -$318K | -4.19K | -3.69% | $75.88 | 109K | Dec 20, 2022 | Direct | F2 |
| transaction | ATVI | Common Stock, par value $0.000001 per share | Tax liability | -$242K | -3.19K | -2.92% | $75.89 | 106K | Dec 21, 2022 | Direct | F3, F4 |
| transaction | ATVI | Common Stock, par value $0.000001 per share | Tax liability | -$53.9K | -710 | -0.77% | $75.89 | 91.1K | Dec 21, 2022 | Direct | F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Grant to reporting person of restricted stock units, each representing the right to receive one share of Issuer's common stock, scheduled to vest in equal installments on each of December 20, 2022, December 19, 2024, and December 19, 2025. |
| F2 | Pursuant to terms of reporting person's restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of vesting on transaction date of restricted stock units held by reporting person, in order to satisfy resulting tax withholding obligations. |
| F3 | Pursuant to terms of reporting person's performance-vesting restricted stock unit award agreement, withholding by Issuer of shares otherwise deliverable in respect of accelerated vesting on transaction date of performance-vesting restricted stock units held by reporting person initially scheduled to vest, if at all, in 2023, in order to satisfy resulting tax withholding obligations. Reporting person has signed an Acceleration and Clawback Agreement providing that accelerated performance-vesting restricted stock units are subject to certain repayment and true-up conditions. |
| F4 | For each performance-vesting restricted stock unit award for which vesting was accelerated, the number of accelerated units was a certain percentage of such award's original target amount previously disclosed by reporting person, calculated based on Issuer's Compensation Committee's approval for acceleration purposes of an assumed performance achievement level, as estimated to be applicable to the specific award criteria of each such award; with additional units under such award previously reported by reporting person remaining eligible to vest based on Issuer's Compensation Committee's ultimate determination in 2023 of performance achievement level relative to the same performance metrics set forth in the initial grant. |
| F5 | Following the transactions reported on this Form 4, reporting person held (a) 14,978 shares of Issuer's common stock, (b) 26,319 restricted stock units, each representing the right to receive one share of Issuer's common stock, and (c) 49,791 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock (assumes, as previously disclosed, target performance for each performance-vesting restricted stock unit grant; actual number of aggregate shares earned will depend on actual performance and will range from 0 to 72,374 shares of Issuer's common stock). Also reflects that 14,415 performance-vesting restricted stock units previously reported by reporting person did not vest and were forfeited. |