SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* Griffith Michael J (Last) (First) (Middle) C/O ACTIVISION PUBLISHING, INC. 3100 OCEAN PARK BOULEVARD (Street) SANTA MONICA CA 90405 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Activision Blizzard, Inc. [ ATVI ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Pres&CEO-Activision Publishing
	3. Date of Earliest Transaction (Month/Day/Year) 08/04/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.000001 per share	08/04/2008		M		591,113	A	$12.84	773,122	D
Common Stock, par value $0.000001 per share	08/04/2008		M		75,000	A	$13.61	848,122	D
Common Stock, par value $0.000001 per share	08/04/2008		S		666,113	D	$33.2299	182,009	D
Common Stock, par value $0.000001 per share	08/04/2008		S		28,167	D	$33.2299	153,842(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options	$12.84	08/04/2008		M			591,113	(2)	06/15/2015	Common Stock, par value $0.000001 per share	591,113	$0	742,221	D
Employee Stock Options	$13.61	08/04/2008		M			75,000	(3)	04/21/2016	Common Stock, par value $0.000001 per share	75,000	$0	50,000	D

Explanation of Responses:

1. Following the transactions reported on this Form 4, Mr. Griffith held (a) 103,842 restricted shares of the Company's common stock and (b) 50,000 restricted stock units representing the conditional right to receive the Company's common stock.

2. This option to purchase 1,333,334 shares of the Company's common stock consists of three tranches. A tranche consisting of options to purchase 400,000 shares will vest in full on June 15, 2009. One-third of a tranche to purchase 466,667 shares vested on June 30, 2008 and the remaining options in that tranche will vest in full on June 15, 2009. One-third of a tranche to purchase 466,667 shares vested on each of June 30, 2007 and June 30, 2008, respectively, following the Company's satisfaction of corporate operating income targets established by the Compensation Commmittee of the Board of Directors for the fiscal year ended March 31, 2007 and March 31, 2008, and the remaining options in that tranche will vest in full on June 15, 2009 (subject to possible earlier acceleration in connection with the Company's satisfaction of corporate operating income targets for the Company's fiscal year 2009).

3. One-fourth of the grant of options to purchase 125,000 shares of the Company's common stock vested on May 15, 2007 following the Company's satisfaction of corporate operating income targets established by the Compensation Committee of the Board of Directors for the fiscal year ended March 31, 2007 and 35% of the grant vested on May 15, 2008 following the Company's satisfaction of corporate operating income targets established by the Compensation Committee of the Board of Directors for the fiscal year ended March 31, 2008. The remaining options will vest in full on April 1, 2011.

Remarks:

	/s/ Michael J. Griffith	08/06/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.