Grant Michael Dixton - Aug 5, 2021 Form 4 Insider Report for Activision Blizzard, Inc. (ATVI)

Role
Chief Legal Officer
Signature
/s/ Grant M. Dixton
Stock symbol
ATVI
Transactions as of
Aug 5, 2021
Transactions value $
$0
Form type
4
Date filed
8/9/2021, 07:05 PM
Previous filing
Jun 22, 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 Award $0 +24.9K $0.00 24.9K Aug 5, 2021 Direct F1
transaction ATVI Common Stock, par value $0.000001 per share Award $0 +12.5K +50% $0.00 37.4K Aug 5, 2021 Direct F2
transaction ATVI Common Stock, par value $0.000001 per share Award $0 +37.4K +100% $0.00 74.7K Aug 5, 2021 Direct F3
transaction ATVI Common Stock, par value $0.000001 per share Award $0 +37.4K +50% $0.00 112K Aug 5, 2021 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant was for 24,900 restricted stock units, each representing the right to receive one share of the Company's common stock. These restricted stock units will vest in full on June 29, 2024.
F2 This grant was for 12,450 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes target performance; maximum performance would result in the release of 15,563 shares of the Company's common stock. These restricted stock units will vest in full on June 29, 2024, based upon the level of performance measured by reference to the Company's cumulative operating income for 2021, 2022 and 2023.
F3 This grant was for 37,351 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes target performance; maximum performance would result in the release of 46,689 shares of the Company's common stock. One-third of the restricted stock units will vest on each of June 29, 2022 and June 29, 2023, and one-sixth of the restricted stock units will vest on each of June 29, 2024 and June 29, 2025, in each case based upon the level of achievement of the operating income objective for the Company set forth in its annual operating plan for the prior year.
F4 This grant was for 37,351 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The number reported assumes target performance; maximum performance would result in the release of 46,689 shares of the Company's common stock. One-third of the restricted stock units will vest on each of June 29, 2022 and June 29, 2023, and one-sixth of the restricted stock units will vest on each of June 29, 2024 and June 29, 2025, in each case based upon the level of achievement of the earnings per share objective for the Company set forth in its annual operating plan for the prior year.