Key facts
- This page summarizes Grant Michael Dixton's Form 4 filing for Activision Blizzard, Inc..
- 3 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 16 Oct 2023, 16:19.
Grant Michael Dixton - 12 Oct 2023 Form 4 Insider Report for Activision Blizzard, Inc.
- Reporting relationship
- Chief Legal Officer
- Issuer ticker
- N/A
- Reported as of
- 12 Oct 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 16 Oct 2023, 16:19:31 UTC
- Prior SEC filing
- 30 Jun 2023
- Next SEC filing
- 15 Jul 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Grant M. Dixton
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Grant Michael Dixton filed Form 4 for Activision Blizzard, Inc. on 16 Oct 2023.
Change
- Previous filing in this sequence was filed on 30 Jun 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ATVI
transaction
Common Stock, par value $0.000001 per share
Award
- Transaction value
- $0
- Shares
- +10,526
- Change %
- +9.2%
- Price
- $0.000000
- Shares after
- 125,262
- Date
- 12 Oct 2023
- Ownership
- Direct
- Footnotes
- F1
ATVI
transaction
Common Stock, par value $0.000001 per share
Disposed to Issuer
- Transaction value
- Shares
- -27,303
- Change %
- -22%
- Price
- Shares after
- 97,959
- Date
- 13 Oct 2023
- Ownership
- Direct
- Footnotes
- F2, F3
ATVI
transaction
Common Stock, par value $0.000001 per share
Disposed to Issuer
- Transaction value
- Shares
- -97,959
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 13 Oct 2023
- Ownership
- Direct
- Footnotes
- F2, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Grant Michael Dixton is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote 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.
Footnote 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.
Footnote 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) 23,794 shares of common stock and (b) 3,509 restricted stock units that vested on October 12, 2023 as described in footnote 1.
Footnote F4
Reflects the disposition pursuant to the Merger Agreement, as of the Effective Time, of the following Issuer securities: (a) 45,953 restricted stock units (the "Assumed RSUs") and (b) 52,006 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.