Kotick Robert A - Dec 31, 2022 Form 5 Insider Report for Activision Blizzard, Inc. (ATVI)

Role
Chief Executive Officer, Director
Signature
/s/ Robert A. Kotick
Stock symbol
ATVI
Transactions as of
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/13/2023, 03:44 PM
Previous filing
Apr 5, 2022
Next filing
Oct 16, 2023

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 Gift $0 -20.7K -100% $0.00* 0 Mar 4, 2022 By GRATs F1, F2, F3
holding ATVI Common Stock, par value $0.000001 per share 3.92M Dec 31, 2022 Direct F4, F5
holding ATVI Common Stock, par value $0.000001 per share 1 Dec 31, 2022 By ASAC II LLC F6
holding ATVI Common Stock, par value $0.000001 per share 2 Dec 31, 2022 By Delmonte Investments, LLC F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the distribution of shares of Issuer's common stock from a grantor retained annuity trust for benefit of reporting person's children, of which reporting person was the trustee, to the 31427N Trust.
F2 In addition to the distribution referenced in footnote (1), reflects distribution of 16,183 shares of Issuer's common stock to reporting person on 3/4/2022 for estate planning purposes from reporting person's grantor retained annuity trust for benefit of reporting person's children, of which reporting person was the trustee.
F3 Shares were held by grantor retained annuity trust for benefit of reporting person's children, of which reporting person was the trustee.
F4 Includes 16,183 shares received as referenced in footnote (2).
F5 Reporting person no longer has a reportable beneficial interest in 4,800 shares of Issuer's common stock included in reporting person's prior ownership reports as indirectly owned through UTMAs for the benefit of minor children and as to which reporting person disclaimed beneficial ownership except to extent of his pecuniary interest therein.
F6 Reporting person and Brian G. Kelly are managers of ASAC II LLC, and reporting person disclaims beneficial ownership of Issuer's common stock held by ASAC II LLC except to extent of his pecuniary interest therein.
F7 Reflects shares of Issuer's common stock indirectly beneficially owned through Delmonte Investments, LLC, of which reporting person is a member and manager.