| 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 | +10.5K | +10.4% | $0.00 | 112K | Oct 12, 2023 | Direct | F1 |
| transaction | ATVI | Common Stock, par value $0.000001 per share | Disposed to Issuer | -35.8K | -32.08% | 75.9K | Oct 13, 2023 | Direct | F2, F3 | ||
| transaction | ATVI | Common Stock, par value $0.000001 per share | Disposed to Issuer | -75.9K | -100% | 0 | Oct 13, 2023 | Direct | F2, F4 |
Julie Hodges is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
| 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 October 12, 2023, October 12, 2025, and October 12, 2026. The 3,509 units that vested on October 12, 2023 were settled as described in footnote 3 below. |
| F2 | On October 13, 2023 (the "Transaction Date"), Issuer completed the previously announced transaction with Microsoft Corporation, a Washington corporation ("Microsoft"), pursuant to the Agreement and Plan of Merger, dated as of January 18, 2022 (as amended, supplemented or otherwise modified from time to time, the "Merger Agreement"), by and among Issuer, Microsoft and Anchorage Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Microsoft ("Merger Sub"), providing for the merger of Merger Sub with and into Issuer (the "Merger"), with Issuer surviving the Merger as a wholly owned subsidiary of Microsoft. |
| F3 | Reflects the disposition pursuant to the Merger Agreement, as of the effective time of the Merger (the "Effective Time"), of the following Issuer securities for $95.00 in cash per share/unit (less any applicable withholding taxes, in the case of units): (a) 32,337 shares of common stock and (b) 3,509 restricted stock units that vested on October 12, 2023 as described in footnote 1. |
| F4 | Reflects the disposition pursuant to the Merger Agreement, as of the Effective Time, of the following Issuer securities: (a) 42,909 restricted stock units (the "Assumed RSUs") and (b) 32,976 performance-vesting restricted stock units (the "Assumed PSUs"), in each case that were converted into a number of time-based vesting restricted stock units of Microsoft equal to the product (rounded down to the nearest whole share) of (i) the number of Assumed RSUs or Assumed PSUs (determined based on target performance levels), as applicable, multiplied by (ii) a fraction, (A) the numerator of which was $95.00 and (B) the denominator of which was the volume weighted average price per share of Microsoft common stock on NASDAQ for the five consecutive trading days ending with the last trading day ending immediately prior to the Transaction Date. |