Jesse Yang - Apr 29, 2023 Form 4 Insider Report for Activision Blizzard, Inc. (ATVI)

Role
Dep CFO, Comptr & Pr Acctg Off
Signature
/s/ Jesse Yang
Stock symbol
ATVI
Transactions as of
Apr 29, 2023
Transactions value $
-$10,180
Form type
4
Date filed
5/1/2023, 05:29 PM
Previous filing
Apr 3, 2023
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 Tax liability -$6.29K -81 -0.15% $77.71 52.2K Apr 29, 2023 Direct F1
transaction ATVI Common Stock, par value $0.000001 per share Tax liability -$3.89K -50 -0.1% $77.71 51.4K Apr 29, 2023 Direct F2, F3
* 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 198 performance-vesting restricted stock units held by reporting person, in order to satisfy resulting tax withholding obligations. 1,252 performance-vesting restricted stock units under this award previously reported by reporting person at maximum performance did not vest and were forfeited.
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 121 performance-vesting restricted stock units held by reporting person, in order to satisfy resulting tax withholding obligations. 765 performance-vesting restricted stock units under this award previously reported by reporting person at maximum performance did not vest and were forfeited.
F3 Following the transactions reported on this Form 4, reporting person held (a) 14,201 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) 2,322 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 performance-vesting restricted stock unit grants; actual number of aggregate shares earned will depend on actual performance and will range from 0 to 2,469 shares of Issuer's common stock, which includes adjustments to reflect performance for periods for which such measurement is already completed).