Armin Zerza - May 11, 2021 Form 4 Insider Report for Activision Blizzard, Inc. (ATVI)

Role
Chief Financial Officer
Signature
/s/ Armin Zerza
Stock symbol
ATVI
Transactions as of
May 11, 2021
Transactions value $
-$1,180,601
Form type
4
Date filed
5/13/2021, 07:04 PM
Previous filing
May 10, 2021
Next filing
Nov 8, 2021

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 Sale -$1.36M -14.4K -8.12% $94.84 162K May 11, 2021 Direct F1
transaction ATVI Common Stock, par value $0.000001 per share Options Exercise $282K +4.64K +2.85% $60.87 167K May 11, 2021 Direct
transaction ATVI Common Stock, par value $0.000001 per share Options Exercise $68.8K +1.31K +0.78% $52.52 168K May 11, 2021 Direct
transaction ATVI Common Stock, par value $0.000001 per share Options Exercise $184K +3.41K +2.03% $53.89 172K May 11, 2021 Direct
transaction ATVI Common Stock, par value $0.000001 per share Sale -$888K -9.36K -5.45% $94.88 162K May 11, 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATVI Employee Stock Options Options Exercise $282K +4.64K $60.87 0 May 11, 2021 Common Stock, par value $0.000001 per share 4.64K $60.87 Direct F4
transaction ATVI Employee Stock Options Options Exercise $68.8K +1.31K +100% $52.52 2.62K May 11, 2021 Common Stock, par value $0.000001 per share 1.31K $52.52 Direct F5
transaction ATVI Employee Stock Options Options Exercise $184K +3.41K $53.89 1.71K May 11, 2021 Common Stock, par value $0.000001 per share 3.41K $53.89 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $94.81 to $94.845 per share. Mr. Zerza has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares sold at each price within that range.
F2 The price in column 4 is a weighted average price. The prices actually paid for the stock ranged from $94.88 to $94.885 per share. Mr. Zerza has provided the Company, and upon request, will provide any security holder of the Company or the SEC staff, with information regarding the number of shares sold at each price within that range.
F3 Following the transactions reported on this Form 4, Mr. Zerza held 136,116 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock, and 26,322 restricted share units, each representing the right to receive one share of the Company's common stock.
F4 The exercised options were fully vested on November 6, 2020.
F5 The exercised options were vested as of November 11, 2020 and the grant will be fully vested on November 11, 2022.
F6 The exercised options were vested as of November 12, 2020 and the grant will be fully vested on November 12, 2021.