Daniel Alegre - Mar 30, 2022 Form 4 Insider Report for Activision Blizzard, Inc. (ATVI)

Role
President and COO
Signature
/s/ Daniel Alegre
Stock symbol
ATVI
Transactions as of
Mar 30, 2022
Transactions value $
-$1,245,660
Form type
4
Date filed
4/1/2022, 06:31 PM
Previous filing
Mar 16, 2022
Next filing
May 16, 2022

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 -$599K -7.46K -2.65% $80.36 274K Mar 30, 2022 Direct F1
transaction ATVI Common Stock, par value $0.000001 per share Tax liability -$646K -8.04K -3.99% $80.36 194K Mar 30, 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 30, 2022, 15,960 performance-vesting restricted stock units held by Mr. Alegre vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 7,459 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligations. 63,840 performance-vesting restricted stock units under this award previously reported by Mr. Alegre at maximum did not vest.
F2 On March 30, 2022, 17,166 performance-vesting restricted stock units held by Mr. Alegre vested. Pursuant to the terms of his restricted stock unit award agreement, the Company withheld 8,042 of the shares otherwise deliverable to him in order to satisfy the resulting tax withholding obligations. 19,314 performance-vesting restricted stock units under this award previously reported by Mr. Alegre at maximum did not vest.
F3 An additional 53,243 performance-vesting restricted stock units previously reported by Mr. Alegre did not vest.
F4 Following the transaction reported on this Form 4, Mr. Alegre held (a) 17,625 shares of the Company's common stock and (b) 176,065 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 185,882 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 November 2, 2020 and assumes target performance for any awards thereafter