Jesse Yang - 30 Nov 2021 Form 4 Insider Report for Activision Blizzard, Inc.

Role: Chief Accounting Officer
Signature: /s/ Jesse Yang
Issuer symbol: N/A
Transactions as of: 30 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 01 Dec 2021, 18:00:17 UTC
Previous filing: 08 Nov 2021
Next filing: 09 Mar 2022
SEC: View on sec.gov

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	+8,532	+28%	$0.000000	39,176	30 Nov 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This grant was for 8,532 restricted stock units, each representing the right to receive one share of the Company's common stock. One half of these restricted stock units will vest on each of December 15, 2023 and 2024.
F2	Following the transactions reported on this Form 4, Mr. Yang held (a) 7,362 shares of the Company's common stock, (b) 12,234 restricted stock units, each representing the right to receive one share of the Company's common stock, and (c) 19,580 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The actual number of aggregate shares earned in connection with the performance-vesting restricted stock units will depend on actual performance and will range from 0 to 20,302 shares of the Company's common stock. The number of performance-vesting restricted stock units assumes, as previously disclosed, maximum performance for grants prior to December 9, 2020, and assumes target performance for any awards thereafter.

Content

This grant was for 8,532 restricted stock units, each representing the right to receive one share of the Company's common stock. One half of these restricted stock units will vest on each of December 15, 2023 and 2024.

Following the transactions reported on this Form 4, Mr. Yang held (a) 7,362 shares of the Company's common stock, (b) 12,234 restricted stock units, each representing the right to receive one share of the Company's common stock, and (c) 19,580 performance-vesting restricted stock units, each representing the right to receive one share of the Company's common stock. The actual number of aggregate shares earned in connection with the performance-vesting restricted stock units will depend on actual performance and will range from 0 to 20,302 shares of the Company's common stock. The number of performance-vesting restricted stock units assumes, as previously disclosed, maximum performance for grants prior to December 9, 2020, and assumes target performance for any awards thereafter.