Jesse Yang - Mar 30, 2023 Form 4 Insider Report for Activision Blizzard, Inc. (ATVI)

Signature
/s/ Jesse Yang
Stock symbol
ATVI
Transactions as of
Mar 30, 2023
Transactions value $
-$4,754
Form type
4
Date filed
4/3/2023, 05:00 PM
Previous filing
Mar 10, 2023
Next filing
May 1, 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 Tax liability -$4.75K -56 -0.1% $84.89 53.6K Mar 30, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 135 performance-vesting restricted stock units held by reporting person, in order to satisfy resulting tax withholding obligations. 146 performance-vesting restricted stock units under this award previously reported by reporting person at target performance did not vest and were forfeited.
F2 Following the transaction reported on this Form 4, reporting person held (a) 14,013 shares of Issuer's common stock, (b) 34,898 restricted stock units, each representing the right to receive one share of the Company's common stock, and (c) 4,658 performance-vesting restricted stock units, each representing the right to receive one share of Issuer's common stock (assumes, as previously disclosed, maximum performance for performance-vesting restricted stock unit grants prior to December 9, 2020, and target performance for any such grants thereafter; actual number of aggregate shares earned will depend on actual performance and will range from 0 to 2,788 shares of Issuer's common stock, which includes adjustments to reflect performance for periods for which such measurement is already completed).